2026-01-11 08:20:57

On the BTC daily chart, the MA20 and MA60 are about to cross, and this zone (89600-90000) has formed a key support. From a technical perspective, this is a very strong signal— as long as this level holds, the bullish trend continues with no doubt. This morning, I added some positions, expecting a clear direction in the next one or two days. The most important thing in trading is to set proper stop-losses and not let temporary emotions affect long-term gains.

Recently, I have gained some insights into token investing. My CHZ holdings are nearly doubled, and I plan to hold on. These types of coins are driven by clear events, and each time they show good gains. Small positions are recommended, and a pullback is actually a good opportunity to add more. However, I’ve also suffered losses—some time ago, I saw a new coin on a certain chain rallying to 4 USDT and bought impulsively, only to lose 50% immediately after entering. In the end, I had to close the position to cut losses. The altcoin market is indeed risky; recklessness is not advisable.

The lesson is simple: trade what you understand, manage your positions well, and control your risks. This time, I am determined to hold onto CHZ, and will observe other altcoins for now.

BTC-1,16%

CHZ6,76%

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gas_fee_trauma

· 01-14 08:17

89600-90000 is really a critical threshold that must be maintained, otherwise the mentality is easily shattered. CHZ doubled, and you still dare to hold? Truly a tough person. The coins I bought at 4U are still haunted by the shadow of being cut in half. Stop-loss is easy to talk about but really hard to do, but it is indeed the only way to survive.

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BTCRetirementFund

· 01-13 08:45

If the 89,600 defense line can hold, it will be stable. I also added some, just waiting for tomorrow's trend. CHZ doubled? Damn, I'm holding it too. This time I finally didn't buy the bottom of the scam coins and get wrecked. Those new coins like 4U are really a trap. I’ve been burned before. Now I just run when I see buy signals.

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AirdropHunterZhang

· 01-12 07:04

That 90,000 level is a hurdle. I bet it can hold... But the CHZ in my hand has doubled, and I still want to be greedy. This mindset needs to be corrected.

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BearMarketSunriser

· 01-11 15:30

89600-90000 is really a crucial support level, but I still think mindset is more important than technical analysis. Don't let market fluctuations blow your mind. CHZ doubling is a bit aggressive, but I've become more cautious lately. I've stepped into too many scams in altcoins and learned my lesson. Before adding to your position, make sure to set your stop-loss properly so you can stay at ease.

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RealYieldWizard

· 01-11 08:50

If I can't hold the 89,600 level, I'll just admit defeat. I don't want to be trapped again. CHZ has doubled, and I still dare to hold. I don't have your courage, haha. I've also jumped into the altcoin trap; entering at 4U resulted in a 50% loss in seconds. Such lessons are truly painful. Stop-loss sounds simple, but when it comes to execution, it's easy to get soft. I'm just worried that the MA crossover might be a false signal, and in the end, I'll still get chopped up and sold for a profit.

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JustAnotherWallet

· 01-11 08:50

89600-90000 is indeed a critical range, but what I care more about is that wave of CHZ... Doubling and still holding, that's pretty aggressive. I've also fallen into the traps of altcoins, like entering at 4U and getting cut in half right away... But the recent event-driven surge of CHZ is definitely worth watching. If you bet right, the gains are not just ordinary. You're right about stop-losses. I'm just worried that greed might make me give back all the profits I've made earlier—that would be really painful.

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GateUser-3824aa38

· 01-11 08:46

89600 this threshold really must be held, otherwise the technical aspect will be completely ruined. I'm also betting on it to stay steady. CHZ doubled and I still dare to hold, now that's a real trader. I almost cried over that coin at 4 bucks before. Altcoins are indeed a deadly trap; you still have to stick with coins you understand. Stop-loss is easy to say, but really executing it is incredibly hard. It all depends on who can endure the moment of mental breakdown.

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GasFeeLady

· 01-11 08:40

ngl the 89600 support is giving solid vibes but i'm not catching the hype... watched my gwei like a hawk this morning and the mempool looked sketchy af. that CHZ double feels almost too clean? been there before with those "event-driven" plays lol. anyway holding bags is easier than timing exits tbh

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GasWaster

· 01-11 08:37

89600, did this level really hold? It looks a bit shaky to me... CHZ doubling is definitely possible, but altcoins are all about high risk and gambling. Stop-loss is easy to talk about, but when you actually have gains in hand, who wants to cut them?

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