#数字货币市场回升 Can this wave of pump in the early morning really hold?
The current price is stuck at 895, and the 2.4% increase on paper looks quite impressive. However, looking upwards, the upper Bollinger Band at 901.5 feels like a wall — a sell order of 31.84 million USD is piled up there, clearly indicating that they don't want you to pass.
What’s even more heart-wrenching is that the 1-hour K-line has continuously produced long upper shadows. The integer level of 900 has been tested several times, with each attempt showing weaker volume. A rebound? It might just be a trap to lure more in.
Personal thoughts: In the range of 897-901, consider placing a short position. First, see if 880-885 can hold; if it doesn't hold, then we will see around 865.
Of course, the market is ever-changing, and strategies are for reference only. Remember to combine with real-time market conditions before taking action, and don't blindly go all in.
$BNB The recent trend also needs to be monitored, and the interconnection effect should not be ignored.
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SchrödingersNode
· 9h ago
That 901.5 wall is really something, the whales are playing dirty this time.
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Another bull trap, same old trick, I’m too old for this, seen it all.
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I’m betting 865 can hold, you never know.
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So many upper wicks puked, the volume is like paper now.
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Thinking about flipping short, but need to watch a bit more, no rush.
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Moving with BTC? Everyone better be careful.
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Anyone going all-in this time, better take it easy.
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If the 880-885 support really breaks, it’s game over.
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Playing around 897-901, I don’t think it’s likely.
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How many times have we tested the round number, still can’t break through, it’s exhausting.
View OriginalReply0
TokenomicsTherapist
· 12-02 14:11
It's the same old bull trap; the market maker doesn't want people to pass comfortably.
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How to break through that wall at 901.5? It's easy to say, but in reality, it's bloody.
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With the volume looking so fake, who dares to chase? I certainly don't.
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Not being able to hold 880 is really terrifying; at that time, the short order will have to spike.
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I get the logic of laying out short orders; it's just necessary to keep a close watch on the linkage.
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A 2.4% rise is indeed intimidating, but with so many orders stacked above, it feels precarious.
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I've said before that integer levels are not so easy to clear; and now, look at it.
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The back-and-forth from 897 to 901 is purely the market maker playing a psychological game.
View OriginalReply0
0xDreamChaser
· 12-01 23:29
901.5 That wall, the market maker's hand is quite sharp, the bull trap is pretty fierce.
This wave of operations by the market maker is indeed something, if 880 can hold, it counts for something.
It feels like 901 is the real tough spot, with the volume looking so weak, how can we expect a breakthrough?
That wave of pump in the early morning was purely a deception, just wait for the fall.
The short order strategy is good, but the question is whether the market maker will really let it go.
View OriginalReply0
GasWhisperer
· 11-30 19:30
gwei patterns screaming sell, that 901.5 wall's basically mempool congestion in chart form... 3184M just sitting there, beautiful inefficiency tbh
Reply0
BlockchainFries
· 11-30 19:17
Bull trap is just a bull trap, don’t be blinded by the 2.4%
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That wall at 901.5, the market maker has set it clearly
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I just want to know if 885 can hold; if not, we'll look at 865
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This long upper shadow, this is how a rebound works
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Don't go all in, wait for the linkage signal, keep an eye on how BTC moves
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The volume is so weak, I don't believe in this rebound
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Open a short order at 897? I’ll think about it, let’s see the market first.
View OriginalReply0
GreenCandleCollector
· 11-30 19:06
The old trick of a bull trap, still can't reach 900
The market maker's methods are really something, piling up sell orders like that is just forcing you to catch a falling knife
With the volume being so weak, I think I'll continue to short.
View OriginalReply0
AirdropHarvester
· 11-30 19:02
That wall at 901.5 is indeed fierce, I bet this wave is a bull trap.
I have to hold the line at 880, if it breaks, it's over.
The market maker's sell orders are piled up there, we retail investors should take it easy.
With the volume looking so weak, how could it possibly rise?
BTC is stagnant, and BNB is useless.
#数字货币市场回升 Can this wave of pump in the early morning really hold?
The current price is stuck at 895, and the 2.4% increase on paper looks quite impressive. However, looking upwards, the upper Bollinger Band at 901.5 feels like a wall — a sell order of 31.84 million USD is piled up there, clearly indicating that they don't want you to pass.
What’s even more heart-wrenching is that the 1-hour K-line has continuously produced long upper shadows. The integer level of 900 has been tested several times, with each attempt showing weaker volume. A rebound? It might just be a trap to lure more in.
Personal thoughts:
In the range of 897-901, consider placing a short position. First, see if 880-885 can hold; if it doesn't hold, then we will see around 865.
Of course, the market is ever-changing, and strategies are for reference only. Remember to combine with real-time market conditions before taking action, and don't blindly go all in.
$BNB The recent trend also needs to be monitored, and the interconnection effect should not be ignored.