2026-01-04 17:25:07

The recent market movements over the past few days are indeed interesting. On the 4th, I closed all my long positions with a stop loss, and around 10 PM in the evening, I happened to encounter a sharp sell-off, losing over a thousand dollars. It seems that this round of decline is quite rapid, and those chasing longs didn't even hold their positions to the end.

Considering the full loss on the 4th, this wave appears more like a technical rebound rather than the start of a new bull market. In terms of rhythm, there should be a rebound confirmation on the 5th (Monday), but looking ahead, it’s highly likely that the market will weaken again around the 6th. I’ve already pre-positioned with short orders, just waiting to see how large the subsequent correction will be.

At this stage, for Bitcoin, both rebounds and declines are routine operations. The key is whether the trading volume and support levels can hold. If this rebound is just a fleeting moment, a waterfall decline could be just around the corner.

BTC-1,05%

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PumpBeforeRug

· 01-07 13:55

Number 4 directly smashed over 1,000 on me, and those who chased are indeed trapped. Wait, this logic seems reversed. Do we need to short after a rebound confirmation? When the waterfall comes, volume is the decisive factor; otherwise, it's all just paper tigers.

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StillBuyingTheDip

· 01-06 18:48

Oh no, the wave on the 4th was really fierce, I got trapped too. By the way, you set your short position a bit early, the 6th hasn't arrived yet. Anyway, just watch the support level, if it breaks, admit defeat. Rebounds with insufficient volume are all fake, we need to be cautious. After this round, it seems everyone who tried to bottom fish lost, including me.

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WenMoon42

· 01-06 00:01

Number 4 Nabo was really amazing, chasing more just feeds the fish. Now watching the rebound just makes me tired. --- Thinking about the loss on Number 4 again, this time I really dare not chase high. --- All the short positions are already buried, just waiting to see how Number 6 crashes. Once the waterfall trend comes, no one can save it. --- To put it simply, once the rebound is confirmed, you need to withdraw; otherwise, you'll get trapped and die. --- Rebounds with insufficient volume are all fake rebounds. Let's still wait to pick up some bargains.

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SellLowExpert

· 01-04 17:53

Number 4 was really amazing; those who chased are now the bagholders. If the short positions are well-placed, it all depends on how the 6th will crash. Insufficient volume makes the rebound fake; a waterfall is coming. This rhythm feels more like a fleeting moment. That stop-loss cut really hurt, but it's still better than holding on. If the support level breaks, it's time to run. Rebound confirmation? I don't believe it.

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WalletWhisperer

· 01-04 17:50

Number 4 Nabo is really amazing; those who chased higher got cut, and I was no exception haha Let the rebound rebound, it's nothing new; the key is whether we can hold the support level Short positions are well placed, just waiting to see how deep this drop can go This round of market movement is so fast it makes your scalp tingle; it's time for the bottom-fishing dreams to wake up If trading volume doesn't pick up, it's just a facade; a waterfall could come at any time

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SwapWhisperer

· 01-04 17:30

Uh... I was also involved in the wave on the 4th, stopped out of two trades, and my mindset is exploding. It seems the original poster's short positions were a bit early; entering before the rebound confirmation easily leads to a waterfall decline. A rebound with insufficient volume is indeed risky, but this round of selling-off didn't break the support either.

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RektDetective

· 01-04 17:30

Number 4 wave, I’m the same. Chasing more just gets me kicked in the balls. Now I have a psychological shadow over the rebound. --- Wait, just setting up a short position to sit and wait for a pie to fall from the sky? If this rebound breaks through the support and directly rises, what will you do? --- waterfall? Don’t wave the flag, don’t rush to conclusions before the volume catches up. --- I’m just worried that the rebound will confirm a reversal, and then it will be another round of leek harvesting. --- Honestly, the more people look at technicals, the less accurate they are. Everyone’s just thinking about what others are thinking. --- Over 1000 yuan in tuition? I lost even more on the 4th, but now the cost price looks a bit attractive. --- Can the support level hold? Just look at the order book, no need to make it so complicated. --- Is this really the start of a bull market? Every time I say so, I get proven wrong.

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GreenCandleCollector

· 01-04 17:29

Number 4 was really amazing, lost over a thousand just like that. Waiting to short, if it doesn't drop around the 6th, I'll just give up and lie down.

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