Recently, the market has been quite interesting. There are a bunch of people shouting to short in the square, and the more this happens, the more you should think in the opposite direction. The hourly chart has already shown a reversal signal, and the price has dropped to a historical low. Is anyone still chasing shorts at this point?
Technically speaking, a bottom pattern is forming. When there is nowhere left to fall, it often marks the beginning of a rebound. Of course, this is just a personal observation, and it still depends on the follow-up volume support.
Currently, the risk-reward ratio is actually quite good. However, the cryptocurrency market is highly volatile, so everyone should ensure proper risk control before taking action. $ZORA The recent trends are also worth paying attention to, as the overall market sentiment is recovering.
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FomoAnxiety
· 8h ago
The more you shout about going short, the more you should enter? I don't think so. I've seen historical lows several times, is this time really different?
Let's wait until the volume picks up before talking. Going in now easily makes you a dumb buyer.
There might be a rebound, but I still want to see BTC's attitude; it needs to move for me to follow.
I've heard the bottom signal too many times, and in the end, most people still end up trapped.
I have a good outlook on the recovery market, but I still need to keep some cash on hand. Risk management comes first.
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Layer3Dreamer
· 8h ago
theoretically speaking, if we map zora's price action onto a recursive SNARK verification curve, that pinning behavior actually mirrors what we see in cross-rollup state finality... the interoperability vector here is fascinating ngl
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TokenRationEater
· 8h ago
Once again talking about a bottom reversal, last time when it was said like this, it directly broke new lows haha
Sounds good, but I'm more concerned about when the volume will catch up, having just the pattern is useless
Anyway, I'm holding at this price level, if there is a real rebound, I’ll consider it a profit.
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SnapshotDayLaborer
· 8h ago
Uh, it's again this trap of the long wick candle at the bottom. How many times do we have to reverse it to really reverse it?
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MetaMisfit
· 8h ago
The bottom is indeed a bit interesting, but I still need to look at the volume. I'm not interested in an air Rebound.
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ProxyCollector
· 9h ago
I've heard this trap done in reverse too many times, the problem is that the people who oppose also know to think in reverse, so in the end, who are the suckers?
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PanicSeller
· 9h ago
Haha, are you here to play people for suckers again? Every time you say the bottom is forming, but it continues to drop.
#数字货币市场回升 Is this wave about to reverse?
Recently, the market has been quite interesting. There are a bunch of people shouting to short in the square, and the more this happens, the more you should think in the opposite direction. The hourly chart has already shown a reversal signal, and the price has dropped to a historical low. Is anyone still chasing shorts at this point?
Technically speaking, a bottom pattern is forming. When there is nowhere left to fall, it often marks the beginning of a rebound. Of course, this is just a personal observation, and it still depends on the follow-up volume support.
Currently, the risk-reward ratio is actually quite good. However, the cryptocurrency market is highly volatile, so everyone should ensure proper risk control before taking action. $ZORA The recent trends are also worth paying attention to, as the overall market sentiment is recovering.