#数字资产市场洞察 $AVNT has been quite interesting recently. The retail investors who were previously experiencing unrealized losses have almost reached breakeven now, and the question at hand is whether the bottom chips can hold. From a Candlestick perspective, after months of downward movement and whipsaw, the entire pattern seems to have a hint of a Rebound. The key still lies in whether the daily chart can show signals of higher trade volumes.



To be honest, the performance of the two cryptocurrencies $BEAT and $FOLKS during this round of adjustment is also worth observing. The market is now entering the bottoming phase, and holders at the bottom don't need to rush too much—giving enough time and patience will eventually present a rebound opportunity. However, the premise is to clearly distinguish which ones are true bottom chips and which ones are being passively sold off.

This rhythm in the crypto market is quite common, with downward movement accumulating selling pressure, and in the end, there will be a decent rebound to wrap things up. At the current position, it might be wise to continue holding and observing, waiting for the daily chart to show a substantial breakthrough before making a decision.
AVNT14.24%
BEAT-10.08%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
LiquidationWatchervip
· 12-23 07:01
Just grind at the bottom, I don't mind these few months, let's see if AVNT can really break through. Have retail investors breakeven? Ha, I think it's doubtful, this rebound has just begun. The BEAT trend is a bit weak, not as straightforward as FOLKS... Waiting for higher trade volumes signal? I feel like I still have to wait a week or two, my patience is running out. If the bottom holdings can't hold, that would be real despair, but we're not at that level yet. Before a real breakthrough is seen, holdings need to be a mental construction.
View OriginalReply0
StablecoinSkepticvip
· 12-23 07:01
What sounds nice is called bottoming, but it's actually just trapping people. Why do I feel like this is said every time, and then it hits a new low. As for AVNT, whether the bottom chips can hold depends on BTC's expression. Waiting for a higher trade volumes signal? When will it be a top, sometimes there are just no signals. BEAT has fallen so much yet is still talking about a rebound, it's laughable. Substantial breakthroughs? I've seen too many, often it's just a prelude to false breakouts. Observing Holdings is correct, but don’t be too optimistic; being cautious is always wise. I've heard too many stories about bottoming, and the last rebound may not necessarily be the one you're in.
View OriginalReply0
Layer2Observervip
· 12-23 06:56
Identifying the true chips during the bottoming phase is indeed crucial, but to be honest, how solid is the data support? Just looking at the Candlestick patterns is not enough.
View OriginalReply0
ChainComedianvip
· 12-23 06:54
This guy's analysis is decent, but I think he's being too optimistic about the bottoming process. I've looked at $AVNT, and the chip distribution is indeed interesting, but retail investor breakeven ≠ Rebound is imminent. Alright, let's wait and see. Wait, why do I feel like $BEAT is still dipping?
View OriginalReply0
liquidation_watchervip
· 12-23 06:54
How many times have I heard this bottom fishing talk, and yet there are still people who believe it? Wait, has $AVNT really breakeven? How come I didn't notice... To be honest, what are the chances that the bottom holdings will hold? Anyway, I don't dare to bet on it. $BEAT is like a twin brother to risk, it's just nonsense to observe. Holdings observation? Waiting around here is not as good as researching how to stop loss. With higher trade volumes and breakthroughs, by the time these signals appear, the coin has already skyrocketed.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)