#Strategy加仓BTC Bitcoin is now in the $94,000 to $98,500 range, becoming the focal point of market speculation. Especially with a large accumulation of liquidation orders in this zone, the overall situation feels like a tightly stretched string.
Interestingly, traders generally believe that $96,000 to $98,000 is a clear shorting zone. But what happened? It actually reinforced the crowded short positions. The more people there are, the greater the risk. Once the price pushes upward at this point, a short squeeze could turn into a violent rebound—there's no time to react.
Once the $98,000 level is broken, Bitcoin is likely to head straight toward above $100,000. At that point, the remaining shorts will really have no way out. This is undoubtedly a nightmare for short sellers, but from another perspective, it could also serve as a trigger for a larger market move.
Why am I not keen on shorting right now? Intuition is one reason, but more painfully, it's the lessons from history. Every wave of shorting traders confidently claimed the top was in, but the real turning point often appears suddenly when everyone is trying to secure profits. Moreover, each time the price breaks a psychological level, subsequent gains tend to be much more ferocious than expected.
The most mysterious part of the market is precisely those levels that seem the most certain. My intuition tells me that now is not the time to position for shorts. Instead of focusing on shorting, it’s better to save your bullets for the opportunity when the market reverses.
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LootboxPhobia
· 01-14 11:51
Will the 98,000 mark really be a turning point? It seems like everyone is waiting for this moment, which might make it easier to get trapped.
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HackerWhoCares
· 01-14 11:49
The shorts are really going to get squeezed this time, breaking 98k straight to 100k. History always has a way of playing tricks on us.
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CafeMinor
· 01-14 11:47
Is this 98,000 threshold really going to be broken? It feels like the bears are about to be squeezed out in this wave.
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Frontrunner
· 01-14 11:45
This level at 98,000 really can't hold. The more the bears pile up, the more dangerous it becomes. Waiting to be squeezed and killed.
#Strategy加仓BTC Bitcoin is now in the $94,000 to $98,500 range, becoming the focal point of market speculation. Especially with a large accumulation of liquidation orders in this zone, the overall situation feels like a tightly stretched string.
Interestingly, traders generally believe that $96,000 to $98,000 is a clear shorting zone. But what happened? It actually reinforced the crowded short positions. The more people there are, the greater the risk. Once the price pushes upward at this point, a short squeeze could turn into a violent rebound—there's no time to react.
Once the $98,000 level is broken, Bitcoin is likely to head straight toward above $100,000. At that point, the remaining shorts will really have no way out. This is undoubtedly a nightmare for short sellers, but from another perspective, it could also serve as a trigger for a larger market move.
Why am I not keen on shorting right now? Intuition is one reason, but more painfully, it's the lessons from history. Every wave of shorting traders confidently claimed the top was in, but the real turning point often appears suddenly when everyone is trying to secure profits. Moreover, each time the price breaks a psychological level, subsequent gains tend to be much more ferocious than expected.
The most mysterious part of the market is precisely those levels that seem the most certain. My intuition tells me that now is not the time to position for shorts. Instead of focusing on shorting, it’s better to save your bullets for the opportunity when the market reverses.
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