I took profit in time at the 460 level yesterday. Now let's review the entire situation again.



From the trend perspective, as long as it remains below 485, the bearish story is not over. At this stage, don't think about bottom fishing; anyone who catches the falling knife will hurt their hand.

The 464 line is very critical; it is stuck inside the downtrend channel. The depth of the decline accumulated earlier will take effort to repair later. Many people see the rebound and think the bulls are awakening, but in fact, this is just emotional self-repair.

Next, we look at two signals: one is whether there is an increase in volume indicating a halt in the decline, and the other is whether it can quickly recover those key levels. Before these two factors appear, any rebound is just a bluff.
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
FlashLoanLarryvip
· 01-10 12:18
nah this emotional repair narrative is giving copium, not capitulation signals. 464's just opportunity cost math at this point—thesis validation waiting for volume confirmation or gtfo.
Reply0
GateUser-a5fa8bd0vip
· 01-09 06:42
I took profit at 460, but it's still a bit slow. I think 485 is the real ceiling. What’s the next trend? It depends on the trading volume; rebounds without volume are all nonsense. If 464 can't break this critical level, any rebound is just a fake move. Keep looking for a bearish trend. Whether you catch the flying knife or not is up to you. Anyway, I’m waiting for a volume signal before acting. Really, emotional recovery ≠ bull market return. You need to distinguish these two, or it’s all in vain. Don’t even think about bottom-fishing before 485; the risk is too high.
View OriginalReply0
FlyingLeekvip
· 01-08 04:59
460 just ran, and the posture was quite standard. I find it strange—why does every rebound have someone unable to resist and want to buy the dip?
View OriginalReply0
DarkPoolWatchervip
· 01-08 04:58
460, my friend who decisively takes profits, I really admire your speed. Now just wait to see if 485 can break through, otherwise it's all just a rebound pattern.
View OriginalReply0
NotFinancialAdvicevip
· 01-08 04:55
Taking profit at 460 feels very comfortable, but I think this rebound is really just a false rally. We haven't even broken through 485 yet and you're already expecting a bullish return? You're overthinking it.
View OriginalReply0
LiquidationWatchervip
· 01-08 04:53
460 took profit, respect. I'm still holding on stubbornly. I promised not to bottom fish, but my hand still hurts.
View OriginalReply0
AirdropHarvestervip
· 01-08 04:38
Take profit at 460, I'm still sleepwalking, and it has already dropped when I woke up.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt