Were you stunned the moment the market opened too? ZEC stalled right after barely touching 420, and all those voices shouting “1,000 points within reach” suddenly went quiet. Don’t rush to complain—we’ll break it down today. The current situation is more precarious than walking a tightrope.
Let’s start with something painful: does anyone remember the 700 level? When it suddenly plunged and broke support, I was in the chat group at midnight saying “something’s off,” and a bunch of people accused me of being bearish. What happened next? They got trapped themselves. That crash wasn’t a normal correction—the main players were clearly pulling out. The traces of heavy buying were still on the K-line, but then came a massive sell-off. Honestly, it was “we’ve made all the profit we could, goodbye.”
Yesterday’s market was even funnier—lured people in during the morning, then nosedived in the afternoon. This is a classic setup: those who chase the highs get trapped, and those who can’t hold the lows are shaken out. Don’t let emotions drive you in a market like this—look at real indicators. The five-wave structure on the daily chart finished a while ago. What does that mean? This cycle of increases has fully played out; it’s like trying to sprint after running a marathon—you’re not pushing your limits, you’re asking for trouble.
Looking further out at the monthly chart, that long upper shadow looks like a warning siren. A monthly candlestick like that means a lot of big funds are unloading at the top, and the selling pressure is so strong that buyers can’t keep up. Still hearing talk about a “target of 1,000”? Buddy, reaching four digits would take sustained inflows and strong fundamentals—neither of which we have now. You can’t shout your way into a bull market.
Honestly, the current position is pretty awkward. Breaking upwards needs volume to support it; if it breaks down, it could quickly retest support levels. I’m not telling you to cut your losses or go all in—just a reminder: don’t get fooled by short-term rebounds. Once a trend shifts, it’s not a couple of green candles that will reverse it. Watch the market calmly—don’t let emotions make your decisions.
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GasWaster69
· 9h ago
Same old trick: pump in the morning, dump in the afternoon. Seen right through it.
I was there during the 700 wave too; this is how the big players pull out funds.
Trying to sprint after the five-wave pattern is over—just asking for trouble.
A long upper shadow on the monthly chart is a sign of distribution; don't be fooled by the rebound.
Anyone shouting 1000 is brainless. What about the fundamentals and the capital?
This position is indeed awkward; it's risky to break out in either direction.
Not advising to cut losses or go all-in—just stay calm and don’t follow the crowd.
Once the trend reverses, a few bullish candles won't change anything.
View OriginalReply0
BearMarketSunriser
· 13h ago
I was there for the 700 wave too. Now it just looks like a sign the main players are running away, should've seen it coming.
Classic damn trick, this constant back-and-forth is driving me crazy.
As soon as the monthly chart showed a long upper shadow, I knew it was over. Where are those calling for 1000 now?
Don't ask if I'm cutting my losses, I'm just quietly watching this market put on a show.
That smash in the afternoon turned the morning's gains into a sedative—brutal.
Finishing the fifth wave is spot on, there’s really no juice left.
If the volume doesn't support an upward breakout, it's just self-deception. Don't let the rebound blind you.
At this level, feels like anything could happen. Better to stay calm for now.
View OriginalReply0
InfraVibes
· 12-08 23:29
The 700 wave got buried directly, and now they're pulling the same trick again. Is this all the main players can do?
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Where are the people calling for a thousand-point move? Probably all gone to sleep.
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Trying to sprint after the fifth wave is over is just asking for trouble.
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That upper shadow on the monthly chart says it all—funds have been fleeing for a while.
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This position is really awkward right now, no matter which way it goes, it feels bad.
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Don’t believe the nonsense about a short-term rebound. Once the trend changes, it’s hard to reverse.
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Those who bought at the top are about to get trapped again—same old trick.
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If the volume doesn’t cooperate, nothing else matters. Can just shouting slogans create a bull market?
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Tempting in the morning and dumping in the afternoon—this scriptwriting is really on point.
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There’s been a signal at the daily chart level for a while now. Are there still people who haven’t noticed?
View OriginalReply0
ETHReserveBank
· 12-08 18:53
I was there during the 700 wave too, and looking back now it still feels ironic.
I've seen that early session trick no less than ten times; it can't fool me at all.
Five waves completed means five waves are completed. People trying to force a narrative need to wake up.
A long upper shadow on the monthly chart is a sell signal—if you can't even see this basic indicator, why are you even trading?
Not cutting losses, not going all-in, just quietly watching yourself get trapped—I'm not at that level yet.
Everyone calling for a thousand points now just has a gambler's mentality, I'm not following.
Trying to reverse after the trend has turned is a classic case of doubling down after a loss.
View OriginalReply0
ApeWithNoFear
· 12-06 21:45
That 700 wave was a real loss, and now it's happening again. The main players' tactics are truly impressive.
Pull people in during the morning session, then dump at noon—it's just that simple.
Not exaggerating or bashing, but that long upper shadow on the monthly chart does look risky.
Those calling for 1000 need to calm down—where's the capital? What about the fundamentals?
Don't be fooled by the rebound. That's my advice.
This position is really awkward, nothing feels right in either direction.
The fifth wave is complete. Trying to push further is just asking for trouble—couldn’t be clearer.
View OriginalReply0
Whale_Whisperer
· 12-06 21:42
I was there during the 700 wave too, it was definitely weird. Holding at this level is really uncomfortable.
Those shouting for 1000 must still be asleep, what about the fundamentals? What about the capital?
Haha, watching this market is like watching a spy drama, what exactly is the main force trying to do?
That early morning pump was so fake, I saw right through it and stayed out.
You think it's going up after the five-wave move is done? Don’t kid yourself, bro.
Thinking a short-term rebound will save you? Wake up, everyone.
That shadow on the monthly chart is insane, you can tell someone is running away at a glance.
But it's still too early to call a breakdown, let's see if there's enough volume to support it.
I've seen this playbook too many times—defend at the top, dump at the bottom, classic bloodsucking.
I'm choosing to just lay back and watch the show, gotta keep my mindset steady anyway.
View OriginalReply0
TommyTeacher
· 12-06 21:39
That 700 breakdown was a real textbook example. Now at 420, still hoping for a comeback? Keep dreaming.
The main players' tactics are way too obvious. The traces on the candlestick chart don't lie. If you didn’t exit when you should have, it’s too late to regret now.
As soon as the monthly chart showed a long upper shadow, it was clear what was going on. Still shouting about a thousand-point target? The funds have all exited, okay?
Don’t be fooled by the afternoon rebound. Once the trend reverses, a few bullish candles aren’t enough to save it.
This position is really awkward—no volume for an upward breakout, and a downward break of support looks risky too. Stuck in the middle, it’s uncomfortable for everyone.
Honestly, this is when your mindset is tested. Don’t blindly follow calls; have confidence in the assets you hold.
Those who bought at the highs are all waiting for a comeback, while those who bottom-fished at the lows are considering cutting losses. This is the game phase.
View OriginalReply0
MEVHunterBearish
· 12-06 21:38
I was there for the 700 wave too, really got screwed over. The current market is just a trap.
The main players' tactics are too old-fashioned, high levels are just for cutting retail investors.
Don't believe in any thousand-point targets, there's not even a fundamental basis right now, just shouting slogans is useless.
The five-wave structure is already complete, still want to sprint? You'll just get hurt.
Once the monthly chart shows a long upper shadow, the big players start to exit, and bag holders can't take it.
Don't be fooled by a short-term rebound, I'm just watching and staying put for now.
This position is really awkward, can't go up and it's uncomfortable going down, let's just wait and see.
View OriginalReply0
CounterIndicator
· 12-06 21:30
I was there for the 700 wave too, and looking back, that was basically a signal for the main players to exit.
I should have just copied your trades, haha.
I get what you mean by the "five-wave completion," it's definitely time to wake up.
With such a long upper shadow on the monthly chart, and people are still calling for 1000? That's some serious hype.
At this level, I really don't dare to make a move.
Once the trend reverses, it's over; a few bullish candles can't fool me.
Morning pump and afternoon dump—how many times have they played this trick...
If the volume doesn't match, nothing else matters. You're absolutely right.
View OriginalReply0
BlockchainFries
· 12-06 21:24
420 and then nothing happened, I knew something was about to go wrong.
Damn, here comes the same pump-and-dump trick again.
Slapping the faces of those who hyped up a thousand-point surge, where are they now?
The five-wave pattern on the daily chart is already over and you're still going long? Asking for trouble.
That upper shadow on the monthly chart is no joke, the big money left a long time ago.
Looks risky, don’t get fooled by the rebound, seriously.
The hardest thing right now is to stay calm—emotions are the biggest pitfall.
Were you stunned the moment the market opened too? ZEC stalled right after barely touching 420, and all those voices shouting “1,000 points within reach” suddenly went quiet. Don’t rush to complain—we’ll break it down today. The current situation is more precarious than walking a tightrope.
Let’s start with something painful: does anyone remember the 700 level? When it suddenly plunged and broke support, I was in the chat group at midnight saying “something’s off,” and a bunch of people accused me of being bearish. What happened next? They got trapped themselves. That crash wasn’t a normal correction—the main players were clearly pulling out. The traces of heavy buying were still on the K-line, but then came a massive sell-off. Honestly, it was “we’ve made all the profit we could, goodbye.”
Yesterday’s market was even funnier—lured people in during the morning, then nosedived in the afternoon. This is a classic setup: those who chase the highs get trapped, and those who can’t hold the lows are shaken out. Don’t let emotions drive you in a market like this—look at real indicators. The five-wave structure on the daily chart finished a while ago. What does that mean? This cycle of increases has fully played out; it’s like trying to sprint after running a marathon—you’re not pushing your limits, you’re asking for trouble.
Looking further out at the monthly chart, that long upper shadow looks like a warning siren. A monthly candlestick like that means a lot of big funds are unloading at the top, and the selling pressure is so strong that buyers can’t keep up. Still hearing talk about a “target of 1,000”? Buddy, reaching four digits would take sustained inflows and strong fundamentals—neither of which we have now. You can’t shout your way into a bull market.
Honestly, the current position is pretty awkward. Breaking upwards needs volume to support it; if it breaks down, it could quickly retest support levels. I’m not telling you to cut your losses or go all in—just a reminder: don’t get fooled by short-term rebounds. Once a trend shifts, it’s not a couple of green candles that will reverse it. Watch the market calmly—don’t let emotions make your decisions.