2026-01-09 10:29:37

CLO has been quite lively these days, with both bulls and bears fighting fiercely. Some people caught the bottom and are making a killing, shouting every day to push higher. The speed is indeed a bit crazy. But there are also veterans starting to reduce their positions, feeling that the rise is too fast and the risk is too high, and they are thinking about how to short at high levels to make a quick profit. Many people in the market have been repeatedly shaken off, and they love and hate this coin at the same time, saying they'll never touch this volatile monster again.

Such rapid surges are often a warning sign. Once the bulls run out of steam, the bears will definitely rush in, and a short-term correction opportunity will arise.

From a technical perspective, CLO is currently at 0.8018 USDT, with a key support at 0.6769. On the 1-hour chart, the potential decline is about 14.62%. The current situation is: both bulls and bears have reasons, but market structure is the key. Don't be led by emotions; keep an eye on critical levels, because that’s where the real signals are.

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.

7 Likes

Reward
7
4
Repost
Share

Comment

0/400

TrustlessMaximalist

· 01-09 10:59

Can the support level at 0.6769 really hold? Feels uncertain.

View OriginalReply0

InscriptionGriller

· 01-09 10:52

A rapid surge is just the prelude to the market manipulators eating the surface; those who bought at the bottom should have already thought about how to get out. Whether the key support at 0.6769 breaks or not is the real issue; don't believe those shouting to continue pushing every day, most of them are desperate trapped investors. There are no winners in this round of the market, only those who get out first and those who regret. Loving and hating at the same time? Brother, you're just addicted to gambling. You haven't even understood the market structure yet you're still hesitating. Veterans reducing their positions is a signal; don't be fooled by the fundamentals caught at the bottom, capital will speak. Too many emotional plays, looking at technicals is more reliable; otherwise, it's just a chopping block for the leek harvesters. A 14.62% decline space is right here; if the bulls can't hold, it will be a joke.

View OriginalReply0

GweiWatcher

· 01-09 10:38

This surge is indeed quite fierce. After the thrill of bottom-fishing is over, the bears should also start to act.

View OriginalReply0

SandwichVictim

· 01-09 10:34

Here we go again, a rapid surge will inevitably crash. I've seen this trick before. If 0.6769 doesn't break, then we'll talk. What's the point of shouting now? The ones laughing the most at the bottom are the ones liquidating, just wait and see when they regret it. This coin is really exhausting people, it's like being repeatedly stabbed. Both bulls and bears have reasons, but that means there's no reason at all; no one can really say. I really don't want to be dumped again, but I can't help but watch the market... Only when the support level breaks will I believe it; right now, it's all empty talk.

View OriginalReply0