Market sentiment shows a clear deviation. The original expectation was to push upward around 930 to reach the 2-hour high of 972, but the price turned around at the 15-minute resistance level around 947. This is a warning sign worth noting.
From the 4-hour perspective, the rebound trend has basically come to an end. High-level emotional deviations are often strong signals of a top being controlled. Once the level breaks, the subsequent trend will mainly be downward, and the rebound opportunities will be left for short-term traders to seize.
The logic is quite clear: since it failed to push higher here, a break below will further worsen the sentiment, similar to certain stocks being trapped; if the leading position doesn't break through, continued decline will trigger a chain reaction.
The possible scenarios for the upcoming script are: first, a direct downward move; second, a test of the 15-minute resistance zone between 92500 and 94250. If choosing to go directly downward, watch the rebound area around 87600 to 86600, and secondly near 88500; if continuing downward, focus on the 83000 to 82000 range, with a rebound at 84500; the bottom reversal zone is between 79600 and 77600.
This rhythm could complete in a week or may extend to a month. If tomorrow's sentiment turns positive, the script will also be adjusted accordingly. The most prudent approach right now is to place orders with these levels: resistance at 93250 to 94250, support at 87600 to 86600.
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WalletInspector
· 01-10 07:50
947 just turned around, this signal is indeed a bit glaring... Is the rebound about to happen?
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RugPullProphet
· 01-10 06:35
Is it the same story again? Is the high-level sentiment bias directly declaring a top? I think, before the breakdown, it's all empty talk. Let's wait until it really breaks to discuss.
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BlockchainGriller
· 01-09 07:00
947 just turned around? That's a typical false breakout. I've seen this kind of movement too many times. The bears are holding tightly at the high levels.
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ShadowStaker
· 01-08 01:53
ngl the rejection at 947 is textbook distribution behavior... sentiment divergence at local tops usually precedes cascade liquidations. classic MEV trap setup if you ask me.
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MysteryBoxBuster
· 01-07 15:54
947 just turned around? I was planning to go for another wave, but instead I got a shock.
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MissedTheBoat
· 01-07 15:54
947 just turned around, no real support this time, feels like a wave is coming.
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rugged_again
· 01-07 15:53
947 just broke? Looks like this rebound was really fake. I feel like I'm about to get cut again.
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MrDecoder
· 01-07 15:52
947 just turned around? This wave is a bit awkward, I was originally aiming for 972 but ended up staying in place... It seems we really should be cautious.
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GasGasGasBro
· 01-07 15:29
947 just turned around, this bearish atmosphere is indeed a bit oppressive.
Market sentiment shows a clear deviation. The original expectation was to push upward around 930 to reach the 2-hour high of 972, but the price turned around at the 15-minute resistance level around 947. This is a warning sign worth noting.
From the 4-hour perspective, the rebound trend has basically come to an end. High-level emotional deviations are often strong signals of a top being controlled. Once the level breaks, the subsequent trend will mainly be downward, and the rebound opportunities will be left for short-term traders to seize.
The logic is quite clear: since it failed to push higher here, a break below will further worsen the sentiment, similar to certain stocks being trapped; if the leading position doesn't break through, continued decline will trigger a chain reaction.
The possible scenarios for the upcoming script are: first, a direct downward move; second, a test of the 15-minute resistance zone between 92500 and 94250. If choosing to go directly downward, watch the rebound area around 87600 to 86600, and secondly near 88500; if continuing downward, focus on the 83000 to 82000 range, with a rebound at 84500; the bottom reversal zone is between 79600 and 77600.
This rhythm could complete in a week or may extend to a month. If tomorrow's sentiment turns positive, the script will also be adjusted accordingly. The most prudent approach right now is to place orders with these levels: resistance at 93250 to 94250, support at 87600 to 86600.