The bearish trend of Bitcoin and Ethereum has become increasingly obvious in recent days. The current issue is not just a short-term correction, but more importantly—will this decline evolve into a new downtrend cycle?
From a technical perspective, the $BTC trend indeed warrants caution. $ETH's performance is also weak. Currently, the market sentiment is quite bearish, so at this point, you should either wait and see or go short—think carefully about your rhythm.
The key is how to operate. If following a short-selling approach, you need to have a clear plan for entry points, stop-loss, and target levels. How to short $BTC in this wave, where it can go, including the corresponding strategy for $ETH, must be carefully analyzed one by one.
The cryptocurrency market is highly volatile, and market interpretation should not follow the crowd. What is more needed now is calm technical analysis and risk awareness.
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zkProofGremlin
· 8h ago
Another wave of bearish articles, honestly a bit tired of it.
Does a strong bearish sentiment mean you have to short? I think it depends on individual mindset.
How far BTC can be shorted in this wave, really uncertain; technical analysis always feels like armchair quarterbacking after the fact.
Rather than obsessing over the downward cycle, it's better to protect your principal first.
Talking about strategies every day, but in the end, it's still a gambler's mentality.
I'll just wait and see, wait for clearer signals, no need to rush.
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GasGuzzler
· 8h ago
Starting to talk about short positions again, same routine every day... Can it really be shorted to the bottom?
I don't believe this wave can fall into a new cycle; it feels more like a shakeout.
Let's wait and see. Anyway, I'm accumulating while it dips.
Shorting at this position for BTC is easy to get a rebound, what about risk awareness?
To be honest, compared to technical analysis, I now prefer who has the patience to hold.
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GasFeeVictim
· 8h ago
Starting to talk about technical analysis again. Honestly, this time feels different; the market is truly oppressive.
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Just watch and wait. Anyway, I’ve already cut losses and run.
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How to short, brother? If you really go all the way short or just take a shallow taste, that’s the real issue.
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$BTC hasn’t broken the previous low, I don’t believe it’s truly in a down cycle. Don’t scare people.
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Every time they speak so confidently, and then, after a rebound, a new high appears.
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How should I set the stop-loss level, everyone? Looking for some reference numbers.
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Those who analyze calmly are making money, while those following the trend are still losing. It’s that simple.
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With such a strong bearish sentiment, should I start bottom fishing? Who knows.
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$ETH is so disappointing. If it drops further, I’ll go all-in with my entire position.
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PermabullPete
· 8h ago
Here we go again, every time talking about new cycles and warnings, making it seem like the sky is falling.
When the bearish atmosphere is strong, does that mean you have to short? I think it's mainly because you haven't figured out how to operate yet.
Instead of worrying about how far you can short, it's better to ask yourself how much loss you can tolerate—that's the real key.
The bearish trend of Bitcoin and Ethereum has become increasingly obvious in recent days. The current issue is not just a short-term correction, but more importantly—will this decline evolve into a new downtrend cycle?
From a technical perspective, the $BTC trend indeed warrants caution. $ETH's performance is also weak. Currently, the market sentiment is quite bearish, so at this point, you should either wait and see or go short—think carefully about your rhythm.
The key is how to operate. If following a short-selling approach, you need to have a clear plan for entry points, stop-loss, and target levels. How to short $BTC in this wave, where it can go, including the corresponding strategy for $ETH, must be carefully analyzed one by one.
The cryptocurrency market is highly volatile, and market interpretation should not follow the crowd. What is more needed now is calm technical analysis and risk awareness.