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Don't remind me again today

#数字资产代币化浪潮 Monday morning observation



$BTC This wave of correction is indeed significant, directly breaking through the psychological barrier of one hundred thousand USD, with a lowest spike down to around ninety-three thousand. These past few days, every time there is an attempt at a rebound, it gets smashed back down, and it is clear that the willingness of bulls to take over is very weak.

There may be a technical correction in the morning session, but don't expect it to go too far. From the perspective of volume and candlestick patterns, the overall trend is still a weak downward channel, and it is difficult to reverse the situation in the short term.

In the current volatile market that is weakening, I personally tend to favor a short position at higher levels. If it rebounds to around 95000, consider entering short in batches, with the first target at the support level of 92500; simultaneously, keep an eye on the resistance level at 3120, breaking below which we look at 3050.

Key reminder: At this stage, do not blindly chase the bottom; the price has not fully stabilized yet, and entering the market rashly can easily lead to getting stuck halfway up the mountain. Wait until the market truly stops falling before making a move.
BTC-5.99%
ETH-6.62%
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LiquidityWizardvip
· 11-17 00:30
tbh the whole "don't fomo into half-mountainside" thing is statistically significant advice... given historical data on liquidation cascades, the probability of premature entries resulting in negative roi is like 73% in this exact volatility regime. actually, the volume profiles suggest we're still in accumulation phase denial, contrary to popular belief about "capitulation"
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ZenMinervip
· 11-17 00:27
93000 has broken through, the long positions really have no temper, this wave indeed needs to wait for stabilization before going up.
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BlockchainGrillervip
· 11-17 00:17
Damn, it got dumped again and again, the long positions really have no blood left.
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StakoorNeverSleepsvip
· 11-17 00:09
93000 that cut, the long positions really gave up... --- You want me to buy the dip again, this time I've learned to be smart and wait for the stop-loss signal before talking --- 95000 short positions? Bro, I'm following this thinking, let's see how far it can drop --- Brothers trapped halfway up, this is a bloody lesson, we really have to wait this time --- This round of btc has washed out all the long positions, the time for short positions has come
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AirdropAnxietyvip
· 11-17 00:09
93000 that long wick candle really hurts, this time the long positions are really weak --- The Rebound is being smashed down, it's really annoying to watch, let's just wait and see --- Stop buying the dip, brother, there are already enough trapped at the halfway up --- 95000 short positions entering the market? I think we need to see the Trading Volume speak --- This market, every time it seems like a Rebound, it gets beaten down --- I feel like making a rash move now is just giving away money, let's wait for a stop-loss signal --- Can 92500 hold? It feels precarious --- I agree with the shorting idea, but we need to see if the Trading Volume is in line --- It's again the rhythm of shorting at highs, are there not enough people trapped? --- Don't be fooled by this wave of Rebound, the strength is really pitiful
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