On the daily chart, the pattern appears to be a bear flag, but the downward trendline has already been broken, and now it’s oscillating within a range. Neither bulls nor bears have the upper hand; in this kind of market, the strategy is to trade around the range boundaries—buying when it dips at the top, selling when it bounces at the bottom, and setting proper stop-losses. This is how consolidation trades are played.
Looking at the four-hour chart, there was a recent breakout of an upward move, but it only poked at a key level briefly, indicating that the short-term main force is still leaning bearish.
A short position has already been entered on the 15-minute chart, with the entry point a bit on the left side. No need to rush to confirm the larger pattern; just wait for the 15-minute upward start to come, let the trade run its course, and securing breakeven stop-losses is enough.
Long-term, I remain bullish; this view has not changed. But the reality is I’m not a long-term trader. Since the short-term shorting opportunity is right in front of me, I will focus on executing the short trades first.
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AllInAlice
· 12h ago
The box consolidation is really uncomfortable this time, it feels like the main force is just accumulating positions.
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DegenDreamer
· 12h ago
The box is oscillating like this, you can do both up and down, the key is not to be stingy with stop-losses
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For this kind of needle, the main force is just testing, short-term shorting still has opportunities
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Long-term bullish and short-term bearish, this is the secret to survival
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Opening orders on the left side is a bit brave, but protecting capital with stop-loss is enough, don't be greedy
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After the bear flag breaks, it's just repeated washing, and those trying to catch the bottom will be slapped in the face again
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This four-hour needle indicates that a decision on where to go hasn't been made yet
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Focusing on the boundaries is what should be done in the short term
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If the main force is leaning bearish, then follow the rhythm and don't go against the trend to gamble
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Hold this 15-minute order, let it run on its own, don't be reckless
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The long-term bullish belief is still there, just now eating the short positions' gains
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SnapshotLaborer
· 13h ago
Range-bound fluctuations are the most annoying market condition, chopping and changing to harvest retail investors, right?
#比特币流动性 $BTC Tonight's Technical Review
On the daily chart, the pattern appears to be a bear flag, but the downward trendline has already been broken, and now it’s oscillating within a range. Neither bulls nor bears have the upper hand; in this kind of market, the strategy is to trade around the range boundaries—buying when it dips at the top, selling when it bounces at the bottom, and setting proper stop-losses. This is how consolidation trades are played.
Looking at the four-hour chart, there was a recent breakout of an upward move, but it only poked at a key level briefly, indicating that the short-term main force is still leaning bearish.
A short position has already been entered on the 15-minute chart, with the entry point a bit on the left side. No need to rush to confirm the larger pattern; just wait for the 15-minute upward start to come, let the trade run its course, and securing breakeven stop-losses is enough.
Long-term, I remain bullish; this view has not changed. But the reality is I’m not a long-term trader. Since the short-term shorting opportunity is right in front of me, I will focus on executing the short trades first.