2026-01-09 02:24:57

PAXG's trend has fallen into a typical stalemate between bulls and bears. The previous high of 4,488 has always been the ceiling for this rebound. Yesterday's rally followed by a pullback, and even the 5-day moving average at 4,478 was not firmly held, indicating a false breakout.

An interesting aspect of the market is that all moving averages are clustered and intertwined in the 4,470-4,480 range, which usually reflects a lack of consensus among market participants about the future direction. Coupled with the rather poor trading volume, with an average daily turnover of just over 20,000, in this liquidity environment, any large order could amplify price fluctuations.

From a support level perspective, around 4,475 is already a relatively fragile position. If it breaks downward, the next support may be lower. In the short term, the technical outlook indeed faces pressure, and a bearish approach seems more straightforward. However, in this low-liquidity environment, trading requires extra caution—risks and opportunities are often two sides of the same coin.

PAXG0,09%

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AirdropFreedom

· 01-09 17:51

It's the same trick again; if 4488 can't be broken, then you have to keep pushing lower.

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FOMOrektGuy

· 01-09 02:55

Fake breakout, I've seen this trick too many times, 4488 is just not sustainable With such poor trading volume, any whale can easily manipulate the market. I think I'll stay on the sidelines Trading in low liquidity is just asking for trouble, but some people enjoy gambling their luck amidst this chaos What if 4475 breaks? I honestly don't know what support levels are left This kind of stalemate is the most annoying. It feels like the bears have the advantage, but I don't dare to bet.

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OvertimeSquid

· 01-09 02:44

It's that same fake breakout trick again, really getting annoying. --- Playing with this in low liquidity is just gambling on luck. --- When moving averages bunch up, no one dares to act. How to trade this market? --- If 4475 breaks, I need to run; I don't want to get trapped again. --- Only 20,000 in volume? Wake up, everyone, nobody's buying. --- The bears are in control, but I still don't dare to go all-in; it's too虚. --- If the ceiling can't be broken, then you have to look down. If I had known, I wouldn't have gotten into this.

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WalletAnxietyPatient

· 01-09 02:34

Playing with fire in low liquidity, a big order can break through you

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LuckyBlindCat

· 01-09 02:30

Playing with fire in low liquidity really depends on luck.

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DeFiAlchemist

· 01-09 02:25

*adjusts alchemical instruments* ah, the transmutation stalls at 4,488... classic liquidity drought turning every candle into a volatility amplifier. that 20k daily volume is basically asking for a wick to devour retail stops. the gridlock consensus between ma's screams algorithmic equilibrium failure imo

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