The technical line on the 23rd looks quite accurate now. The market maker made a few fake moves in between, but fortunately, the short order positioned around 90,000 held strong, and it is now showing unrealized gains.

Next, there is a high probability of another pullback. It's hard to say the exact level, but after this wave of decline, a stronger rebound should follow — the magnitude will at least exceed this round, with the target looking upwards towards 94K.

My judgment: There will be a decent rebound in January and February, and this period in December is a stage of consolidation and accumulation. The market makers are collecting chips at low levels, while retail investors are chasing highs and cutting losses, getting left behind. Once the chips have been sufficiently rotated, the upward movement will naturally follow.

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ForkYouPayMe

· 12-01 05:50

90,000 short orders are indeed fierce, the market maker is really aggressive in this whipsaw. --- Lock in half of the unrealized gains first, don't wait for the market maker to give you a false breakout again. --- 94K? Feels like we need to wait a bit longer, somehow it seems like December still has potential. --- I trust this judgment halfway, it's too normal for retail investors to get whipsawed out of positions. --- The key is when the chips will change hands, that's the core issue. --- Will the rebound exceed this round? That’s a bit greedy haha. --- December will be serious whipsawing, January and February will be the main show, quite interesting. --- Holding onto the short orders is already good, being greedy can easily lead to getting trapped. --- I've heard the saying about market makers accumulating at low levels too many times, but it often turns out to be true.

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CryptoSurvivor

· 12-01 05:39

The line on the 23rd was indeed not wrong, but the market maker's fake moves this time are quite annoying. If the short order was held at 90,000, it would have made a profit; now let's see if it can continue to dip and then rebound. The target of 94K feels a bit optimistic, haha. Rebound in January-February? Let's first get through this round of whipsaw in December. I've heard the saying about chip turnover too many times, just afraid it’s another trap. This wave of the market maker is indeed accumulating, but the retail investors have never been able to avoid getting whipsawed out of positions. Will the rebound exceed this round? We'll see when the time comes; it's too early to say.

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WenMoon42

· 12-01 05:34

The 90,000 wave was indeed worth the wait, the market maker's feints are really annoying, but it seems to be an Accumulation now. Waiting for a pullback to buy the dip, the target of 94K still feels achievable, anyway, the Whipsaw should happen in December. Retail investors are really being thrown around badly, I almost followed the trend to chase the price, luckily I didn't act impulsively. If this rebound really exceeds the previous one, then the account can be renewed. It's really just about patiently waiting for the turnover to complete; January and February will be the main show.

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MEVSandwichVictim

· 12-01 05:28

The line at 23 really didn't lie, the market maker's fake move this time is truly disgusting. Unrealized gains are a good thing, but don't be blinded by that 94K target. I believe in the December whipsaw; retail investors are really being played for suckers by the market maker. According to this logic, we will see the truth in January, and then there will be a bunch of people chasing the price. --- Holding a short order until now is not easy; it just depends on whether there is any determination later. --- I've heard this set of words so many times; every time they say "the pump will naturally come," but what happens? --- 9K layout is really fierce; I was still watching the show back then. --- Talking about chip turnover sounds nice, but in reality, it's just cutting retail investors, the same old trick. --- Can the rebound strength exceed this round? I'll believe you this time; if it breaks through again, I'll just laugh.

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