A 12-hour closing price break above $96,000 will invalidate this bear flag pattern. A downward spike is inevitable, and at this point, continuing to wipe out the long positions is the usual practice, but the spot market presents a great opportunity. The market sentiment is very bearish, but often this is the time to hold. Keep ignoring the noise, stay true to your principles, unless you're short-term trading or stepping away from the market to do your own thing.
2. Why are whales now opening long positions? Do you think they know something? With wave after wave of positive news, the market has already started to reverse. Here, #eth is indeed stronger than #BTC . This is a familiar scene that plays out every year in history, so after this bounce-back, continue to watch the trend. $BTC $GT $ETH #Gate11月透明度报告出炉
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$BTC Bear Flag Pattern
A 12-hour closing price break above $96,000 will invalidate this bear flag pattern. A downward spike is inevitable, and at this point, continuing to wipe out the long positions is the usual practice, but the spot market presents a great opportunity. The market sentiment is very bearish, but often this is the time to hold. Keep ignoring the noise, stay true to your principles, unless you're short-term trading or stepping away from the market to do your own thing.
2. Why are whales now opening long positions? Do you think they know something? With wave after wave of positive news, the market has already started to reverse. Here, #eth is indeed stronger than #BTC . This is a familiar scene that plays out every year in history, so after this bounce-back, continue to watch the trend.
$BTC $GT $ETH #Gate11月透明度报告出炉