#数字货币市场洞察 Tonight’s long wick candlestick contains a lot of information. It dropped 100 points and was quickly pulled back up, indicating strong buying support. From Friday to Sunday, there were continuous tests of the bottom; although it briefly broke below 3000, each time it quickly recovered. This price action already tells us something.
If there are no unexpected negative events, I tend to believe that the 2930-3000 range has become a strong support zone. I’ve already closed my short positions.
For next week, I suggest everyone consider buying on dips, as the win rate will be higher. For BTC, look at the area around 89000, and for ETH, plan long positions in the 3000-2930 range.
Of course, the specific strategy should be adjusted according to market changes—don’t hold your positions stubbornly.
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RebaseVictim
· 20h ago
The pin was eaten again. I've seen enough of this in the bear market.
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Did you close your short? Bro, that move was solid.
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There's definitely someone defending the 3000 level. Let's see if we get a rebound next week.
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"Don't hold on stubbornly"—that lesson is learned the hard way. Well said.
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Going long could be a strategy, but I'm just afraid we’ll get another black swan on Monday.
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The support is really strong, huh? Then I'll try to bottom fish too.
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If the 2930 support is so strong, why am I still so nervous?
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You can have a look around ETH 3000. Anyway, there aren’t many good opportunities right now.
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This move was clear-headed. If I didn’t cut losses so often, I could be this calm too.
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A quick recovery just means someone is bottom fishing, nothing more.
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ruggedNotShrugged
· 12-07 17:16
Yeah, this support level is indeed pretty solid. I also saw the 100-point snap back.
Closed my short positions a while ago. Now I'm just waiting to buy the dip.
I've noted 89000 and 3000-2930. I'll stick to this plan next week.
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HorizonHunter
· 12-07 17:08
Spike and pullback again, this trick is old, don’t get fooled into it.
Closed your short position? I’m still waiting for it to break 3000.
Buying the dip sounds tempting, but I think we need to observe for a few more days, don’t rush.
Is 2930 really support? I feel like there’s still a chance it could go lower.
BTC 89000, I don’t really buy it, the rebound doesn’t seem strong enough.
Holding on stubbornly really isn’t worth it, but this move isn’t necessarily a long signal either.
The market is changing so fast, you’d have to rebalance super frequently, it’s exhausting.
Whether the buying pressure is strong depends on what happens next, it’s too early to say now.
ETH in this range is worth a try, but don’t go in too heavy.
I think this is the big players shaking out the weak hands, there’s still more to come.
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TokenDustCollector
· 12-07 17:08
The pinning was so aggressive but it was quickly fixed, which shows the big players are really supporting the price.
I closed my shorts a while ago; this bottom does seem pretty solid.
Next week, I'll just wait to buy the dip—let's do this.
Only fools hold on stubbornly; I'm the flexible type.
89000 and 2930 are definitely worth watching.
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NFTArtisanHQ
· 12-07 17:02
the way support held at 2930 three times in a row... that's not coincidence, that's the market literally refusing to go lower. tbh the aesthetic of this chart tells me something—bauhaus-like precision in price discovery, you know? anyway, shorters got rekt and honestly they deserved it lol
#数字货币市场洞察 Tonight’s long wick candlestick contains a lot of information. It dropped 100 points and was quickly pulled back up, indicating strong buying support. From Friday to Sunday, there were continuous tests of the bottom; although it briefly broke below 3000, each time it quickly recovered. This price action already tells us something.
If there are no unexpected negative events, I tend to believe that the 2930-3000 range has become a strong support zone. I’ve already closed my short positions.
For next week, I suggest everyone consider buying on dips, as the win rate will be higher. For BTC, look at the area around 89000, and for ETH, plan long positions in the 3000-2930 range.
Of course, the specific strategy should be adjusted according to market changes—don’t hold your positions stubbornly.