Recently, Bitcoin has shown obvious liquidity pressure around the 24,000 price level, with many traders placing orders early to buy spot. Interestingly, this downward move has actually provided some people with a good opportunity to accumulate at low levels—after acquiring the chips, they can flip them in the short term for about three times the profit.



To be honest, such intense price fluctuations are both risks and opportunities for market participants. During this period each year in the crypto world, capital liquidity often undergoes phase changes, with prices repeatedly testing key support levels, providing a window for prepared traders to enter.

From a technical perspective, similar low-level accumulation phenomena usually indicate the potential for a strong rebound afterward. Of course, the premise is that you have enough grasp of the market rhythm and choose the right entry timing. For those patient enough to wait, this round of market movement might really be a significant opportunity.
BTC0.87%
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
  • 6
  • Repost
  • Share
Comment
0/400
TokenomicsPolicevip
· 5h ago
I stepped into this 24,000 trap before. Back then, it was all about low-price buying signals, and I got stuck for two weeks right after.
View OriginalReply0
MevSandwichvip
· 5h ago
There is indeed some pressure around 24,000, but to be honest, it was obvious early on that only seasoned traders are taking the chips. Triple returns? Sounds good, but the key is to hit the right entry points, it's easy to step into a trap. Let's wait and see, I feel like there's still some room to maneuver. Brothers who bought too early should be panicking now, haha. This wave really tests patience. I don't want to chase high anymore.
View OriginalReply0
NFTRegrettervip
· 5h ago
24,000 orders are all betting on a rebound; a threefold profit sounds good, but don't believe it too much.
View OriginalReply0
ImpermanentPhobiavip
· 5h ago
The 24,000 level is really being tested repeatedly. I've been lurking here for a while, just waiting to see who breaks first and can't hold. A threefold return sounds tempting, but honestly, I'm more afraid of missing out... Let's observe for now and see. In this kind of market, without enough mental preparation, it's really easy to get shaken out. You only understand after experiencing it a few times.
View OriginalReply0
SchrodingerWalletvip
· 5h ago
Talking about low-position positioning again? Easy to say, but really holding up against the psychological pressure of a pullback is the hard part. Triple returns sound great, but what about the risks? The story of the bagholder plays out every year. Wait, over 24,000 and someone still dares to buy? I'm a bit scared. I've seen this rhythm too many times; in the end, someone always gets caught. But indeed, some people have made money, though I don't know if it's just luck. Repeated testing of support levels indicates that the bottom hasn't been found yet. Prepared traders? Brother, you're right, but the key is who is truly prepared. I think it's better to stay on the sidelines; anyway, this wave doesn't really matter.
View OriginalReply0
SybilAttackVictimvip
· 6h ago
24000 there is indeed some interest here, but about the threefold return... is it true? --- Accumulating at low levels and then rebounding? Why do I feel like I say this every time, but I still get cut? --- Are you confident in the market rhythm? Laughing out loud, who has really mastered it? --- Those who are patient and wait have made money, while those without patience have already gone all-in, right? --- Repeated testing of key support levels... will it truly rebound this time or continue to cut? --- Opportunity and risk are just separated by mindset; mindset determines life and death. --- Threefold in the short term? Just listen, don’t take it seriously, everyone.
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)