2026-01-16 01:23:29

Last night, Bitcoin surged to around 97100 and then started to pull back, finally closing at the 95000 level. It seems that the bulls' momentum is almost exhausted, and in the short term, the bears are clearly in the lead.

However, what's interesting about this market is that the resistance above is quite strong, while the support below is also quite solid. So, there are no very clear bullish or bearish signals at the moment, and the market feels a bit stuck in the middle.

Based on this assessment, today's strategy is mainly to short on rebounds. How exactly to operate?

**Bitcoin Trading Suggestions:**
- Consider short positions when rebounding to the 96500 to 97500 range
- Target levels are around 94000 to 93000

Of course, if the market suddenly provides clear signals, the strategy should be adjusted accordingly. Right now, we're just waiting for the market to reveal its true intentions.

BTC3,1%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
7
Repost
Share

Comment

0/400

LiquidityNinja

· 01-18 15:18

It's another standoff, feeling stifling. Can the bears hold this wave? It doesn't seem that simple. It's interesting if 94,000 can hold. Will a rebound lead to a crash? I bet it breaks through 97,500. The support is too strong; it might just range sideways and torment us.

View OriginalReply0

AllInDaddy

· 01-18 11:28

Stuck in the middle? This is a oscillation trap, waiting for the rebound to enter a short position is a sure thing.

View OriginalReply0

SelfCustodyBro

· 01-16 01:49

Getting stuck in the middle again, this market really is quite torturous. Whether the short sellers can hold up this wave depends on the strength of today's rebound. Enter at 96500 and take a gamble? Feels like the odds are pretty good. Bitcoin has been a bit stagnant these past two days, just waiting to see who will break first mentally. Brothers still holding long positions, should you bottom fish or run away? Can the 94000 level be broken? Only a true signal if it breaks. The target is too far away, and the market is repeatedly frustrating; it's better to cut losses.

View OriginalReply0

ForumLurker

· 01-16 01:49

It's another stalemate situation, so frustrating. --- Is around 96500 really a bear's paradise? I'm a bit skeptical. --- Are the bulls losing momentum? I feel like it could rebound again in the next second. --- Is the target of 94000 reliable? It feels a bit too optimistic. --- This market looks like a tug-of-war; neither side can get an advantage. --- Shorting on a rebound sounds simple, but actually executing it is another story. --- If 93000 really breaks, then it will be interesting. --- High pressure and solid support—this is a classic case of no clear direction. --- Waiting for the market to reveal its intentions? Waiting until the flowers wither. --- Short at 97500? I need to look at the data again before deciding.

View OriginalReply0

InscriptionGriller

· 01-16 01:47

Oh no, it's the same old trick of bouncing and shorting again. The newbies must be tired of hearing this by now.

View OriginalReply0

LongTermDreamer

· 01-16 01:41

Being stuck in the middle is the most uncomfortable moment, feeling like the price could break through at any time, yet also feeling like it could rebound. I've seen too many such market situations over the past three years.

View OriginalReply0

RektCoaster

· 01-16 01:31

Once again, we're stuck. Can we break out this time? --- I've had my eye on the 97500 level for a long time, just waiting for a rebound to cut in. --- After all this, we're still wavering there. It's uncomfortable. --- If I enter a short position, can that 93 line really be reached? Feels uncertain. --- The bulls are indeed losing strength, but I can't fully trust it either; the market changes direction too quickly. --- Rebound from 96500-97500 to enter a short, is this strategy solid? --- Stuck here every day, when will I be able to see clearly? --- If the next support is so solid, why not reverse and go short for a wave? --- Waiting for the market to reveal its intentions; once all intentions are revealed, even the yellow flowers will wither, haha. --- Is 94000 really the bottom? Feels like it could still fall further.

View OriginalReply0