$BIANRENSHENG stuck in a 3-min sideways pattern right now. Market's waiting to pick a direction.
Here's the thing though—when price action goes sideways like this, you're basically trapped. Can't confidently short it, can't safely long it either. The real danger? That's when liquidations happen on both sides. Whichever way you lean, the market tends to squeeze you out before the actual breakout.
So the play is simple: sit tight and wait. Let it resolve. Sometimes doing nothing beats forcing a trade.
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BearMarketSurvivor
· 01-10 11:49
Wait, wait, wait. Can you really make money by just sideways trading for so long? Last time I waited like this, I fell asleep haha.
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PhantomMiner
· 01-10 04:16
This is what sideways trading looks like; no one will feel comfortable. Doing nothing is the key.
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SnapshotStriker
· 01-07 16:53
Consolidation is the most annoying thing, getting squeezed from both ends.
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SandwichDetector
· 01-07 16:53
Consolidation just means waiting for someone to take the bait; in the end, everyone gets squeezed out.
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GateUser-6bc33122
· 01-07 16:51
Wait a minute, isn't this a typical oscillation range trap... The ones always trapped are small investors like us, right?
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MeaninglessApe
· 01-07 16:49
Bro is right, this kind of sideways movement is the most disgusting. I got squeezed out last year.
$BIANRENSHENG stuck in a 3-min sideways pattern right now. Market's waiting to pick a direction.
Here's the thing though—when price action goes sideways like this, you're basically trapped. Can't confidently short it, can't safely long it either. The real danger? That's when liquidations happen on both sides. Whichever way you lean, the market tends to squeeze you out before the actual breakout.
So the play is simple: sit tight and wait. Let it resolve. Sometimes doing nothing beats forcing a trade.