#数字资产动态追踪 $LIGHT This round of decline is quite fierce. After dropping from the high of 0.8758, the bearish sentiment has never dissipated — you can see the contract open interest continuously shrinking, large funds are clearly increasing their short positions, and the volume actively selling off is also expanding stage by stage. This rhythm alone indicates the situation.
From a technical perspective? More straightforward. The short-term candlesticks are being tightly pressed below the moving averages and can't break out, the MACD has a dead cross and the green bars are still expanding, indicating there’s basically no willingness for a rebound. Currently, the price is repeatedly tugging at the 0.64 level, but once the previous support at 0.6070 is broken, the downside space will be fully opened. This pattern of rising and falling back, with volume and price diverging, is actually a good opportunity for shorting.
How to set risk control? It’s not complicated — place the stop-loss at the key resistance level of 0.68, and the target depends on whether the support area at 0.60 can hold. Once the downward momentum is established, this inertia often hits hard, so position management must keep up.
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GasFeeNightmare
· 9h ago
This wave of short selling is really fierce, it’s making me feel uncertain inside.
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MetadataExplorer
· 19h ago
0.6070 breaking means it's really going to run. This time, the bears are a bit fierce.
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OptionWhisperer
· 01-03 18:32
The bears are a bit fierce. If 0.6070 doesn't hold, I really need to run.
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EntryPositionAnalyst
· 01-03 07:39
Wow, LIGHT really hit hard this time, with large funds clearly clearing out.
The short sellers keep adding positions without stopping, I feel like the 0.60 level will break.
No one is buying the rebound, which is ridiculous, it seems like it will continue to drop.
The moving averages are so strongly suppressing, short-term there’s no sign of a rebound.
Once 0.6070 is broken, there’s really no support below, this shorting wave definitely has a chance.
Positioning should be cautious, don’t get liquidated, tighten your stop-losses.
The trading volume is diverging so much, definitely a bearish signal.
The MACD death cross with the green bars still expanding, the pressure is a bit heavy.
With the current price action, wait for the bottom confirmation before taking action.
Big funds are eating up, it looks like there will be another drop.
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YieldFarmRefugee
· 01-03 07:38
Damn, I lost again. I should have stopped when I was ahead.
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ETHReserveBank
· 01-03 07:37
Short positions adding aggressively, I still have to wait. If it breaks 0.60, then I'll consider it.
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RugpullSurvivor
· 01-03 07:33
LIGHT really went all out this time. The big players increasing their short positions is clear from the holdings data.
The shorts haven't been closed, and no one is stepping in for the rebound. Now it's all about whether 0.6070 can hold.
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CoffeeNFTs
· 01-03 07:23
With such fierce bearishness, I want to see if 0.60 can hold. If it really breaks, we need to be cautious.
#数字资产动态追踪 $LIGHT This round of decline is quite fierce. After dropping from the high of 0.8758, the bearish sentiment has never dissipated — you can see the contract open interest continuously shrinking, large funds are clearly increasing their short positions, and the volume actively selling off is also expanding stage by stage. This rhythm alone indicates the situation.
From a technical perspective? More straightforward. The short-term candlesticks are being tightly pressed below the moving averages and can't break out, the MACD has a dead cross and the green bars are still expanding, indicating there’s basically no willingness for a rebound. Currently, the price is repeatedly tugging at the 0.64 level, but once the previous support at 0.6070 is broken, the downside space will be fully opened. This pattern of rising and falling back, with volume and price diverging, is actually a good opportunity for shorting.
How to set risk control? It’s not complicated — place the stop-loss at the key resistance level of 0.68, and the target depends on whether the support area at 0.60 can hold. Once the downward momentum is established, this inertia often hits hard, so position management must keep up.