2025-12-08 22:20:54

Bitcoin’s recent price action has been quite intense. After surging, it broke below 90,000 and started consolidating. Earlier today, the short positions around 9.22 and near 3175 worked out nicely, with over 2,000 points and 70+ in profit.

This evening, seeing that the key support was still holding, I opened some long positions in the 89,500–90,000 range and around 3096. The price peaked at around 90,471 and 3130, so there are some small gains on paper right now. You can decide based on your own positions—either take some profit or exit entirely.

In the short term, the 92,000 level above hasn’t been firmly established yet, so I’ll keep looking for high-entry short opportunities.

BTC2.78%

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ExpectationFarmer

· 12-08 22:51

You really need to be cautious around the 92,000 level; don't get caught off guard by a dump.

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LightningPacketLoss

· 12-08 22:43

92,000 is still a resistance level. You made quite a profit this round. I also went long around 89,500, but didn't make as much as you did.

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SmartMoneyWallet

· 12-08 22:40

The 92,000 level is where the whales are repeatedly testing liquidity; retail investors chasing the price here will only get trapped. What does your profit of over 2,000 points indicate? It shows that the chips had already been positioned at the high levels; we’re just following the flow of funds to get a small share.

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StableBoi