#数字资产动态追踪 BTC is currently trading at $89,000, fluctuating around that level in recent days, moving up and down repeatedly. The short-term trading strategy is clear—sell high and buy low, wait for a clear breakout at key levels before following through, and avoid blindly chasing.
**Support and Resistance Levels to Watch**
Support levels are at 88,700 (EMA120 line), 87,500 (the dividing line between bulls and bears), and 86,000 (strong support). Resistance levels are at 90,000 (psychological price) and 90,500 (previous high).
**Technical Analysis**
On the daily chart, there are three consecutive long upper shadows, indicating heavy selling pressure around 90,000. The MACD has already crossed bearish, showing overall weakness and sideways volatility. Looking at the 4-hour chart, a double top pattern is very clear, and MACD is also bearish. The price has broken below the EMA120, indicating significant short-term correction pressure. The RSI and KDJ on the 1-4 hour charts are showing signs of turning, but the volume supporting the rebound is insufficient, so caution is needed as the rebound may turn downward again.
**Trading Strategies**
Two approaches:
1. Conservative Long Position: Look for a reversal signal between 87,500 and 88,000 (such as a bullish engulfing or hammer candlestick), enter with a small position, opening 2-3%. Place stop-loss below 87,000. First target at 89,000, then 90,000, taking profits in stages. If the price breaks through, increase to 5% position.
2. Aggressive Short Position: Enter when the rebound from 90,000 to 90,500 is blocked (look for patterns like bearish engulfing or shooting star, with declining volume), opening 1-2%. Strictly stop-loss above 91,000. Target a drop below 89,000, then see if 87,500 can be broken, aiming ultimately for 86,000.
If the breakout is clear—break above 90,500 and the 4-hour candle closes firmly—go long, with a stop-loss back at 90,000, targeting 91,500 to 92,000. If the price breaks below 87,000 and the 4-hour candle closes below, go short, with stop-loss at 87,500, targeting 86,000 to 85,000.
**Risk Management is Priority**
Limit individual losses to within 2% of total capital. Use staged position building and take profits in stages. Never hold full positions, and avoid emotional trading. Stay alert to Fed news; in case of sudden negative news, reduce positions immediately. Short-term trades should be closed on the same day. For trend trading, use EMA120 as a trailing stop.
**Summary**
Today, focus on selling high and buying low within the 87,500 to 90,000 range. The key is whether these two levels can be broken. Breakouts follow the trend; failure to break means sideways movement. Risk control always comes first; technical analysis is just a reference.
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DrinkingAloneUnderTheMoon666
· 1h ago
New Year Wealth Explosion 🤑
View OriginalReply0
Sanam_Chowdhury
· 4h ago
We might see surges of prices on both btc and eth.
Reply0
GateUser-72858622
· 5h ago
1000x VIbes 🤑
Reply0
GateUser-72858622
· 5h ago
1000x VIbes 🤑
Reply0
Simone11
· 7h ago
Hold tight 💪
View OriginalReply0
tropirich
· 8h ago
thank gem
Reply0
GateUser-eff9ad63
· 9h ago
Hold on tight, we're about to take off🛫
View OriginalReply0
TopBuyerForever
· 9h ago
It's the same story again, 87500 to 90000, talking as if it's real. Last time I heard this range, I got caught in it, and I'm still sitting here gathering dust.
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90000 psychological level is really annoying, always the same talk, and what’s the result? The sell orders are just as fierce.
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Risk control 2%, just listen, but who can hold steady at critical moments?
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Waiting for a clear breakout? I've been waiting three days, brother, still wavering.
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This technical analysis level is really average, but 87500 does have some potential.
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Friends with full positions, check in, and let's slowly get caught together.
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Talking about MACD death cross again, don’t they know this indicator is always lagging?
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Shorting at 86000? Haha, this is a signal for an explosion.
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No hype, no blackening, this support level is indeed carefully observed, but it’s too complicated, who can handle executing it?
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Must close all positions on the same day? Easy to say, try it when the Federal Reserve news hits.
View OriginalReply0
TradFiRefugee
· 9h ago
Still fluctuating around 89,000, it's really annoying to watch.
Damn, 90,000 is really a psychological barrier, with such fierce selling pressure.
How does it feel to bottom fish between 87,500 and 88,000, everyone?
With such short-term turbulence, strict stop-losses are necessary, or you'll suffer heavy losses.
Looking forward to the short opportunity if it breaks below 87,000; can the target really hit 85?
This MACD death cross suggests the downward pressure is really significant.
Talking about buying high and selling low is easy, but in actual trading, who hasn't been educated by the swings?
Only after breaking 90,500 would I dare to go long; otherwise, you're just a bagholder.
With such a narrow trading range, holding an empty position is much more comfortable than being fully invested.
If the Federal Reserve turns hawkish, BTC will probably fall again, so annoying.
View OriginalReply0
Blockchainiac
· 9h ago
If 87,500 can't be broken, I would really panic. It feels like this wave is going to cause more back-and-forth fluctuations.
#数字资产动态追踪 BTC is currently trading at $89,000, fluctuating around that level in recent days, moving up and down repeatedly. The short-term trading strategy is clear—sell high and buy low, wait for a clear breakout at key levels before following through, and avoid blindly chasing.
**Support and Resistance Levels to Watch**
Support levels are at 88,700 (EMA120 line), 87,500 (the dividing line between bulls and bears), and 86,000 (strong support). Resistance levels are at 90,000 (psychological price) and 90,500 (previous high).
**Technical Analysis**
On the daily chart, there are three consecutive long upper shadows, indicating heavy selling pressure around 90,000. The MACD has already crossed bearish, showing overall weakness and sideways volatility. Looking at the 4-hour chart, a double top pattern is very clear, and MACD is also bearish. The price has broken below the EMA120, indicating significant short-term correction pressure. The RSI and KDJ on the 1-4 hour charts are showing signs of turning, but the volume supporting the rebound is insufficient, so caution is needed as the rebound may turn downward again.
**Trading Strategies**
Two approaches:
1. Conservative Long Position: Look for a reversal signal between 87,500 and 88,000 (such as a bullish engulfing or hammer candlestick), enter with a small position, opening 2-3%. Place stop-loss below 87,000. First target at 89,000, then 90,000, taking profits in stages. If the price breaks through, increase to 5% position.
2. Aggressive Short Position: Enter when the rebound from 90,000 to 90,500 is blocked (look for patterns like bearish engulfing or shooting star, with declining volume), opening 1-2%. Strictly stop-loss above 91,000. Target a drop below 89,000, then see if 87,500 can be broken, aiming ultimately for 86,000.
If the breakout is clear—break above 90,500 and the 4-hour candle closes firmly—go long, with a stop-loss back at 90,000, targeting 91,500 to 92,000. If the price breaks below 87,000 and the 4-hour candle closes below, go short, with stop-loss at 87,500, targeting 86,000 to 85,000.
**Risk Management is Priority**
Limit individual losses to within 2% of total capital. Use staged position building and take profits in stages. Never hold full positions, and avoid emotional trading. Stay alert to Fed news; in case of sudden negative news, reduce positions immediately. Short-term trades should be closed on the same day. For trend trading, use EMA120 as a trailing stop.
**Summary**
Today, focus on selling high and buying low within the 87,500 to 90,000 range. The key is whether these two levels can be broken. Breakouts follow the trend; failure to break means sideways movement. Risk control always comes first; technical analysis is just a reference.