2026-01-08 18:29:03

CLO after a single-day surge of 34%, the rally has clearly weakened. The current price of 0.7084 is stuck in the middle of the moving averages, lacking a strong breakout. From a technical perspective, RSI has fallen to 46, the MACD has confirmed a death cross, and the green bars are continuously lengthening — all indicating that the bulls are retreating.

What is more concerning is the abnormal shrinkage in trading volume. The trading volume is severely insufficient, mainly due to large institutional players entertaining themselves, with extremely low market participation. From the high of 0.7600 to now, each rebound has been weaker, which is a classic downtrend continuation pattern. The bears have already taken control, applying pressure over the bulls.

Based on a comprehensive technical analysis, a further decline is inevitable. The current risk level is high; caution is advised.

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0xLuckbox

· 19h ago

It's the same old trick again. After the big players dump, it's time to wash up and go to sleep.

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GateUser-e19e9c10

· 19h ago

A 34% increase, is that all? Feels like it's all air... --- Big players are just having fun there, retail investors have already left --- With such sluggish volume, do you still want to continue? Dream on --- MACD death cross + green histogram lengthening, this signal couldn't be more obvious --- Every rebound is weakening, this is a sign of a crash --- At the price level of 0.7084, I really dare not touch it --- The bears are in control, the bottom hasn't been dug yet --- Another round of false signals? The tricks are too familiar --- Insufficient trading volume means no one is buying, what does that indicate? --- Fallen from 0.76, the rebound strength is getting weaker, a dangerous signal

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OfflineNewbie

· 19h ago

34% rally, and it's already weak. Are you kidding me? With such poor volume, it's time to run, right? It's the classic death cross pattern again, getting tired of seeing it. Whales are hyping themselves up, retail investors are buying in, same old trick. The rebound strength is decreasing, this signal is too obvious. Once it drops below 0.76, it's game over. My intuition tells me to reduce my position. MACD death cross + shrinking volume, double whammy, brother. Basically, it's just a trap to lure more buyers. I fell for it again. This wave of decline means more cutting of losses. Truly exhausting. The bears are gaining strength. Is it time to clear out?

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GateUser-b2075a06

· 19h ago

This is all crap, everyone is Long, it will rise to $1.05 today.

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AirdropDreamer

· 19h ago

A 34% surge just like that? Doesn't seem right, how can the volume be so poor and still sustain? --- The big players are just having fun there, retail investors have already left, this is just a downtrend continuation. --- It's another MACD death cross and the green bars are lengthening, the bears are about to make a move. --- The rebound strength is weakening each time, what does that mean? It means the market sentiment is fading. --- The 0.7084 level is indeed risky, better to stay away. --- I hate this kind of volume-price divergence, the main players are just playing tricks. --- Already said there's no breakout, pushing up hard is pointless. --- The moving average center is stuck, no hope until it breaks down. --- RSI has already reached 46, still thinking of a rebound? Dream on. --- Shrinking trading volume is the biggest trap, it will definitely continue to decline.

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