This wave of market movement mostly aligns with the forecast. Recently, it has been oscillating within this range, and achieving new highs still requires time to accumulate. A period of consolidation is inevitable, but as long as this support zone is not effectively broken, breaking new highs is not too far away.



All the long positions from yesterday have been fully closed. From the small-scale K-line perspective, a bearish structure has already begun to form. The next strategy is very clear: buy low and wait patiently for the market to return to a key level and stabilize before re-entering. During this phase of volume contraction and consolidation, patience is often more important than being aggressive.
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
ColdWalletGuardianvip
· 16h ago
Consolidation with decreasing volume indeed tests patience. I am currently waiting for that stabilization signal. As long as the support is not broken, there is still hope. Patience and holding firmly is the key. Clearing long positions in this wave was a good decision. When the bears start to appear, it's time to withdraw. This range of repeated oscillations is too annoying. It all depends on who can endure until the breakout moment. The entry point for low buy-ins is very critical. If missed, wait for another cycle. Aggressive traders are more likely to get cut at this stage. I choose to observe quietly and wait for changes. As long as the support zone remains, it indicates that the fundamentals are fine. Just wait and see.
View OriginalReply0
MysteryBoxAddictvip
· 16h ago
Just be patient and wait, as long as the support level isn't broken, there’s no problem. By the way, is your short structure really valid? It still feels a bit shaky. Consolidating with decreasing volume is the most annoying; looking at K-line charts all day makes my eyes tired. Hold the support level and wait for a rebound, there's nothing to worry about. I'm tired of the low-buying strategy; let's see if it can make money first.
View OriginalReply0
GateUser-00be86fcvip
· 16h ago
Consolidating with reduced volume really tests your patience. Bro, clearing your long positions this time was obviously the right move. You're much smarter than me for chasing highs yesterday.
View OriginalReply0
PrivacyMaximalistvip
· 16h ago
Consolidation is just consolidation, anyway I'm not in a hurry, just patiently wait for the support level If this support really breaks, I will laugh The period of shrinking volume really tests human nature, truly Clearing long positions is the right move, the smaller timeframes have already shifted Wait for key levels to stabilize before entering again, can't afford to gamble
View OriginalReply0
FlashLoanPhantomvip
· 16h ago
Consolidation is just consolidation, anyway I'm not in a hurry, I've already laid out the low positions. --- As long as the support isn't broken, it's a good sign, it's that simple. --- I agree with clearing out long positions in this wave, wait until the volume decreases before making a move. --- The key level stabilizing is the real entry point, what should we do now? --- This wave of market movement is a bit frustrating, but patience is definitely better than burning money. --- As long as the breakdown doesn't happen, don't panic, just see if it can hold steady next. --- Low buy positions, wait for time to give the answer, there's nothing much to say. --- I'm also following this idea, the most testing time is during volume contraction and consolidation. --- Once the support zone is broken, that's the problem, but it's okay for now. --- Just go for low buy positions, after all, new highs are just a matter of time.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)