From the K-line structure, the current phase is just a mid-term correction, and the main upward wave is still ahead. Looking up to the 2.9 price level? It's entirely possible. The market space is still very ample, so there's no need to be pessimistic.
Those holding short positions in the market, in a sense, are the driving force behind the subsequent gains. The ones who can truly make money are often those who follow the trend—going with the flow, holding positions without panic, and not anxious about profits. Ultimately, they are the big winners.
Recently, on the daily chart level, a round of oscillation and shakeout is likely to happen again. This is a routine move in a strong market, using volatility to shake off retail investors with insufficient confidence, clearing out uncommitted chips, and then continuing to push higher.
For friends trying to bottom-fish and buy in, don't rush to chase the high. Stay patient and wait for a more comfortable retracement level before taking action. Focus on the 1.75 to 1.68 range. Once signs of stabilization and bottom confirmation appear, building positions in batches is the best strategy. The cost-performance ratio will be much better.
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ForkMaster
· 6h ago
Arbitrage trading with forks has been my game for so many years, and the thing I fear most is hearing this kind of "wealth code" analysis... 1.68 to 1.75? Ha, the last time I heard this kind of rhetoric was during the 2019 bear market, and it ended up dropping straight through.
But to be fair, shakeouts are indeed normal; just don't be fooled too easily. I know the project team's tricks all too well.
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wrekt_but_learning
· 6h ago
Here we go again, 2.9? I feel like I've heard this explanation countless times before.
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BoredWatcher
· 6h ago
Starting to tell stories again, retail investors are still holding the bag.
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TokenTaxonomist
· 6h ago
actually, per my analysis of the k-line taxonomy here... the data suggests this narrative of "weak hands getting shaken out" is statistically imprecise. you're basically describing cryptographic darwinism filtered through retail psychology, which, tbh, is taxonomically reductive.
#RWA规模呈现持续扩张态势 $LIGHT this asset's upward cycle is far from over.
From the K-line structure, the current phase is just a mid-term correction, and the main upward wave is still ahead. Looking up to the 2.9 price level? It's entirely possible. The market space is still very ample, so there's no need to be pessimistic.
Those holding short positions in the market, in a sense, are the driving force behind the subsequent gains. The ones who can truly make money are often those who follow the trend—going with the flow, holding positions without panic, and not anxious about profits. Ultimately, they are the big winners.
Recently, on the daily chart level, a round of oscillation and shakeout is likely to happen again. This is a routine move in a strong market, using volatility to shake off retail investors with insufficient confidence, clearing out uncommitted chips, and then continuing to push higher.
For friends trying to bottom-fish and buy in, don't rush to chase the high. Stay patient and wait for a more comfortable retracement level before taking action. Focus on the 1.75 to 1.68 range. Once signs of stabilization and bottom confirmation appear, building positions in batches is the best strategy. The cost-performance ratio will be much better.