Bitcoin showing decent strength at current levels. However, I'm holding back from adding positions here—we're sitting right at the upper resistance of the trading channel, which is a risky entry zone.
The week ahead will be telling. We could finally see that breakout above the channel resistance and accelerate higher. Or we might get rejected and rotate back toward the lower band of the range.
Either way, it's a critical decision point. The setup's interesting, but timing matters.
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DAOdreamer
· 01-19 00:59
Wait until the breakdown before chasing; it's a bit risky to take over now.
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MidnightGenesis
· 01-19 00:56
On-chain data shows that this position is indeed interesting... I wouldn't dare to move until the resistance above is broken. Based on past experience, strange movements often occur at such critical points. Let's wait and see the contract changes this week, and the answer will become clear then.
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Degen4Breakfast
· 01-19 00:50
Wait a minute, all the resistance levels above have held, and you're still adding positions? Are you crazy? Haha
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BearMarketGardener
· 01-19 00:50
Buddy, I'm also watching this position. It's really confusing... The resistance above is so obvious, rushing in blindly will only bring you trouble.
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ColdWalletGuardian
· 01-19 00:48
Wait a minute, with such strong pressure above, isn't going in just asking for death...
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PanicSeller
· 01-19 00:34
Still hovering at the resistance level? Staying still this week is the right move.
Bitcoin showing decent strength at current levels. However, I'm holding back from adding positions here—we're sitting right at the upper resistance of the trading channel, which is a risky entry zone.
The week ahead will be telling. We could finally see that breakout above the channel resistance and accelerate higher. Or we might get rejected and rotate back toward the lower band of the range.
Either way, it's a critical decision point. The setup's interesting, but timing matters.