#数字货币市场回调 The market data just exploded. That bearish line on the hourly chart looked like a plummet, directly piercing through the lower band of the Bollinger Bands. There wasn't even a decent rebound in between, it was a free fall all the way.
This wave of bears is really fierce. Not only did it crush the short-term rebound signs, but it also brought up the volatility. The current trend is clearly indicating that as it falls, it falls faster.
Buy orders? Basically invisible. Anyone who rushes in to catch the bottom now is going against the money. The smartest thing to do at this time is to keep your hands steady and not make any rash moves. Wait for the market sentiment to stabilize and for real signs of a bottom to emerge before taking action. Never go against the trend. $BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
4
Repost
Share
Comment
0/400
NFT_Therapy_Group
· 1h ago
Another bloody day. This time the short positions are not joking around, the Bollinger Bands have indeed been pierced.
---
The frens who are buying the dip this time are really brave, I truly admire your courage.
---
Wait, is it really going to fall more? It feels like there’s no bottom.
---
Holding back is indeed the right answer, but watching the account fall so fast is really painful.
---
The plummet has forever cured my greed.
View OriginalReply0
BlockchainRetirementHome
· 1h ago
Here comes another wave, and this time it's really fierce. Seeing that the Bollinger Bands have been broken, I just know that today I have to sit back and watch the show.
The short positions this wave are indeed fierce, and the rebounds are being suppressed. To be honest, those who go in to buy the dip now are mostly just here to give away money.
I will just sit and wait for the signal, no need to fidget.
View OriginalReply0
AirdropHunter007
· 1h ago
Here it comes again, this fall is really brutal. Looking at the Candlestick Chart feels like staring at a cliff, my heart is dropping along with it.
---
Buy the dip? Are you kidding? Going in at this time is just handing out money. I'm just lying here, waiting for a signal.
---
The Bollinger Bands have been breached, buy orders have evaporated, this is the celebration of the short positions. Those who can't hold on must be bankrupt by now.
---
Damn it, watching my assets shrink right before my eyes, I really want to start dumping. But I still hold back, after all, going against the trend never ends well.
---
Once again, at a time like this, all the buy the dip celebrities are hiding. Just wait and it'll be over.
---
The shorts are playing for real this time, even free fall can't describe this speed. Staying still is the safest.
View OriginalReply0
SerumSquirter
· 1h ago
It has fallen again, and this time it really has no bottom. If I had known, I would have shorted everything.
#数字货币市场回调 The market data just exploded. That bearish line on the hourly chart looked like a plummet, directly piercing through the lower band of the Bollinger Bands. There wasn't even a decent rebound in between, it was a free fall all the way.
This wave of bears is really fierce. Not only did it crush the short-term rebound signs, but it also brought up the volatility. The current trend is clearly indicating that as it falls, it falls faster.
Buy orders? Basically invisible. Anyone who rushes in to catch the bottom now is going against the money. The smartest thing to do at this time is to keep your hands steady and not make any rash moves. Wait for the market sentiment to stabilize and for real signs of a bottom to emerge before taking action. Never go against the trend. $BTC