Market sentiment has once again plunged into a state of extreme panic. This time, the dumping occurred with remarkable precision. In the last hour of November, it was firmly smashed into a bearish belt hold candle with an exceptionally long upper wick, completely destroying the last bit of confidence of long positions. With the monthly line closing bearish, the technical analysis directly declares "bull run structure destroyed," and all weekly and monthly level long positions are either dismantled or collapsed.
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.
Market sentiment has once again plunged into a state of extreme panic. This time, the dumping occurred with remarkable precision. In the last hour of November, it was firmly smashed into a bearish belt hold candle with an exceptionally long upper wick, completely destroying the last bit of confidence of long positions. With the monthly line closing bearish, the technical analysis directly declares "bull run structure destroyed," and all weekly and monthly level long positions are either dismantled or collapsed.