Looking at the current trend, we are still moving within a consolidation range and haven't formed a clear direction yet. In this kind of market, the strategy of selling high and buying low is still useful, but the key is to have patience and maintain discipline.
The four-hour chart shows some interesting signs—after a surge, the price reversed and formed a relatively large bearish candle, indicating that the overhead resistance is still there. The previous bullish sentiment might need to be adjusted accordingly. But there's a detail worth noting: the retest lows did not break the previous support, and there are signs of a gentle upward trend at the bottom. The lows are gradually rising, which actually suggests that the bulls are not as weak as it seems—this is a positive signal.
Switching to the daily chart, the Bollinger Bands are narrowing, which is a typical sign of accumulation—volatility is decreasing, and the market is preparing to make a decision. In this new year's market, the probability of volatility expanding is increasing. We haven't yet reached an ideal entry point, so patience is still needed. However, based on the structure, it is likely that there will be a moderate retracement to shake out weak hands, followed by a move upward. This logical flow is quite strong.
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FlashLoanLarry
· 4h ago
Wait, the low point didn't break the support? Then the bulls are still alive, and I can rest assured.
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notSatoshi1971
· 20h ago
It's the same high buy low sell strategy again, how many times have I heard this haha
Wait, the support hasn't broken at the lower point, this detail actually has some substance, the bulls are not dead yet
I agree with the Bollinger Bands narrowing, just worried that it might suddenly take off again while waiting
First shake out the weak hands and then move up? Feels like someone says this every week...
But the logic does hold, still need to be patient and wait for the right position
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FundingMartyr
· 01-01 11:51
It's still somewhat meaningful if the lows don't break the support; the bulls aren't that weak.
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LightningHarvester
· 01-01 11:51
Repeatedly getting hit within the oscillation box, patience is running out...
Waiting for a pullback to shake out the weak hands, still need to stick to discipline.
The Bollinger Bands narrowing indeed signals a trend reversal; this wave might really take off.
I also noticed that the support at the low point wasn't broken; the bulls are not as weak as imagined.
It's a bit early to enter now, let's keep waiting.
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DataBartender
· 01-01 11:50
The box has been oscillating for so long, it really tests patience.
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Raising the lows with this detail is good, the bulls still have a chance.
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The Bollinger Bands narrowing means a big move is coming, just waiting.
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First shake out the weak hands, then rally? That logic is indeed solid.
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Listening to "sell high, buy low" sounds simple, but actually doing it can drive you crazy haha.
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Still waiting for the ideal entry point, staying calm and patient, I've learned this.
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The pressure above is real, and the support hasn't broken, which is a good sign.
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Volatility expansion is coming, get ready everyone.
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MidnightMEVeater
· 01-01 11:26
Good morning, it's me again waking up in the early hours... This wave of sideways movement is indeed dull, just robots and retail investors nibbling at each other. High sell and low buy? Sounds easy, but isn't most people being sandwich attacked?
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gas_fee_therapist
· 01-01 11:25
Honestly, this wave of market movement is just testing patience. It's more difficult than anything to find a good entry point.
Raising the lows is indeed a good signal, but I still have some doubts about whether it can really gain upward momentum.
I agree with the Bollinger Bands narrowing; it definitely feels like it's gathering strength.
Still have to wait, I'm exhausted.
Discipline is easy to talk about, but to truly buy high and sell low requires strong mental resilience.
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FlyingLeek
· 01-01 11:22
Be patient and wait; the real opportunity comes after the shakeout.
Looking at the current trend, we are still moving within a consolidation range and haven't formed a clear direction yet. In this kind of market, the strategy of selling high and buying low is still useful, but the key is to have patience and maintain discipline.
The four-hour chart shows some interesting signs—after a surge, the price reversed and formed a relatively large bearish candle, indicating that the overhead resistance is still there. The previous bullish sentiment might need to be adjusted accordingly. But there's a detail worth noting: the retest lows did not break the previous support, and there are signs of a gentle upward trend at the bottom. The lows are gradually rising, which actually suggests that the bulls are not as weak as it seems—this is a positive signal.
Switching to the daily chart, the Bollinger Bands are narrowing, which is a typical sign of accumulation—volatility is decreasing, and the market is preparing to make a decision. In this new year's market, the probability of volatility expanding is increasing. We haven't yet reached an ideal entry point, so patience is still needed. However, based on the structure, it is likely that there will be a moderate retracement to shake out weak hands, followed by a move upward. This logical flow is quite strong.