The short positions have exited some of their holdings to lock in profits. On-chain monitoring data shows that bottom-fishing funds are highly active, and a technical rebound may occur later. However, the overall trend remains bearish. Overall, the bottom range has not yet formed, and there is still room for decline. The short-term rebound is only a temporary correction and does not change the long-term trend.
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MoonRocketTeam
· 4h ago
The short positions have run away, but this rebound is really just a bait set by the ground command. On-chain data shows that there are still quite a few people bottom-fishing, but the problem is that the bottom hasn't been reached yet, and there's plenty of room to dig deeper. In the short term, this wave of rebound will give you enough dopamine, but don't be fooled, brothers. The overall trend is still downward. It's best to load up supplies and wait for the next launch.
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MetaverseVagabond
· 6h ago
Secure profits and walk away—that's the way to go; the greedy ones are all trapped.
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wagmi_eventually
· 6h ago
So what if the rebound comes? Sooner or later, it still has to crash again.
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NervousFingers
· 6h ago
Oh no, I see someone is trying to buy the dip again. Will they be able to buy the bottom this time?
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TestnetNomad
· 7h ago
Taking profits and securing gains with this move is still safe, but I still feel like the bottom hasn't been reached yet.
The short positions have exited some of their holdings to lock in profits. On-chain monitoring data shows that bottom-fishing funds are highly active, and a technical rebound may occur later. However, the overall trend remains bearish. Overall, the bottom range has not yet formed, and there is still room for decline. The short-term rebound is only a temporary correction and does not change the long-term trend.