I observed the market for a whole week after the last position reduction, and I didn't dare to chase even short opportunities. As a result, the market directly pumped and broke through. At that time, I was still wondering if it would form a textbook-level double bottom, but I didn't expect the market to be much more aggressive than anticipated.
To be honest, at this position, all I see are risk signals. The 94000 level is too critical - if we remain stuck here this week and can't break through, I plan to reduce position on all remaining holdings and secure profits first. Next time I enter the market, I will wait for clear signals to emerge before making a move; there is no rush this time.
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JustHodlIt
· 10h ago
If I had known earlier, I shouldn't have held back, this wave directly pumped up to slap me in the face.
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OnChainDetective
· 11-30 21:50
nah the 94k resistance is looking sus tbh... transaction patterns around that level suggest some serious seller clustering. if we get rejected again this week, that's textbook distribution behavior right there. not touching this dip until i see actual blockchain evidence the whales are accumulating, not dumping.
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PermabullPete
· 11-30 21:41
I was also bearish for a week, but I ended up getting rubbed into the ground. It's really ridiculous.
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MetadataExplorer
· 11-30 21:36
If 94000 can't break, I will close all positions. This wave of the market is indeed strange.
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MerkleTreeHugger
· 11-30 21:26
Really, this wave of market movement was so fierce that I didn't even react in time. If I had known earlier, I should have been a bit greedier.
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FallingLeaf
· 11-30 21:25
94000 is really the line of life and death, either breaking through to heaven or falling back to hell, I bet it won't go down.
I observed the market for a whole week after the last position reduction, and I didn't dare to chase even short opportunities. As a result, the market directly pumped and broke through. At that time, I was still wondering if it would form a textbook-level double bottom, but I didn't expect the market to be much more aggressive than anticipated.
To be honest, at this position, all I see are risk signals. The 94000 level is too critical - if we remain stuck here this week and can't break through, I plan to reduce position on all remaining holdings and secure profits first. Next time I enter the market, I will wait for clear signals to emerge before making a move; there is no rush this time.