2025-12-31 16:23:44

Recently, Bitcoin's price movement has indeed been quite dull. It has been oscillating back and forth between 88,000 and 89,000, with rebounds followed by declines, cycling repeatedly. However, I believe this passive sideways pattern won't last much longer.

From a technical perspective, short positions can continue to be held until around 86,000 as a target, then respond flexibly based on the situation. As for the bulls, caution is advisable at this stage—blindly going long can easily lead to being trapped.

What’s more worth paying attention to are the signals revealed by on-chain data. The U price has already fallen to 6.8, what does this indicate? Clearly, there is an oversupply on the supply side, and the liquidity of U in the market is excessive. When demand cannot keep up, even if the price rebounds, it’s hard to break through and form a trend. This is not a sign of a bull market; rather, it signals weak market fundamentals.

Overall, the risk of a prolonged bear market is gradually accumulating. The current rebound is more like a last gasp before further decline, not the start of a reversal. Maintaining proper rhythm and protecting capital are the correct strategies in this market.

BTC-1,12%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
4
Repost
Share

Comment

0/400

MidnightTrader

· 18h ago

The 88000-89000 shock is really annoying, and I feel that the currency circle is dreaming --- U price fell to 6.8... Why didn't anyone mention this, the funds were flowing out at all --- Blindly going long is to send money, so let's wait and see at this stage --- The description of returning to the light is really in place, the last dance before the fall --- The on-chain data is here, and the demand can't keep up and still want to rebound? Thinking too much --- Keeping the capital is king, don't be greedy in this wave of market --- I remember the target of 86,000, and continue to hold the empty order --- Weak funds still want to brag about the bull market? What a dream --- What about the real reversal signal? I can't see it now --- In the bear market accumulation, are you still fantasizing?

View OriginalReply0

DegenDreamer

· 18h ago

Between 88 and 89, swinging back and forth, it's really incredible... Basically, there's no clear direction. What does it mean when U price drops so sharply? Excess liquidity, the market is overly inflated. Stop messing around. This rebound is likely just a fleeting recovery; preserving capital is the key. It's easier for bulls to get eaten now; hold short positions until 86 and then decide. In a bear market, risks are accumulating, and it doesn't seem like a quick turnaround. This market is unpredictable, it's exhausting. Range-bound trading really tests patience. When will there be a clear direction? Honestly, blindly going long is just asking for trouble; being cautious is not a bad idea.

View OriginalReply0

ProtocolRebel

· 19h ago

Talking about bear market risks again, I'm tired of hearing this rhetoric Are you panicking when U price drops to 6.8? I think most people haven't even understood what on-chain data is saying 86000 short positions take profit? Haha, who can bet accurately Is this rebound really just a fleeting moment, or are we about to get proven wrong again Protecting principal is good, but if you always stay on the sidelines, you won't make any money either

View OriginalReply0

OPsychology

· 19h ago

88k to 89k repeatedly pulling back, it's really getting annoying. Can the bears still buy the dip at 86k? I think it's uncertain. --- The fact that U price dropped to 6.8 is indeed significant. What does excess liquidity indicate? It means nobody is buying. --- The analogy of a dying light flickering back is perfect; it feels like we're just making the final struggle now. --- At this stage, bulls really shouldn't move recklessly. One wrong move and you'll become a leek. --- Capital preservation is the key. If you don't understand this market, don't mess around blindly. --- The fact that there's no reaction even in a big bear market shows we're exhausted from losses. --- Is 86k really the bottom? I always feel there's still water seeping down. --- On-chain data doesn't lie. The weak capital situation should have already alerted us. --- Range-bound trading is torturous. When will there be a clear direction? --- The phrase that a bear market accumulates risk sounds unpleasant, but it seems it's not just bluffing.

View OriginalReply0