2026-01-09 21:26:52

$CIFR showing solid momentum with higher lows building on the volume base. The double bottom formation is printing nicely, signaling potential breakout strength.

Volume shelf support holding firm as buyers keep pushing upward. This looks like accumulation playing out before the next leg up.

Price target sitting around $20 if this breakout sustains. Watch how it handles resistance — clean break could trigger quick momentum.

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.

23 Likes

Reward
23
9
Repost
Share

Comment

0/400

GateUser-c799715c

· 01-12 16:13

Double bottom has formed, can we reach $20 this wave? It depends on whether the volume can hold up below.

View OriginalReply0

TradFiRefugee

· 01-12 12:59

Hey, you guys see CIFR's double bottom? It's really well done... I believe in the $20 level.

View OriginalReply0

AlwaysQuestioning

· 01-09 21:56

Double bottom has formed. Is this really the case this time, or are you just fooling me again...

View OriginalReply0

AirdropBlackHole

· 01-09 21:55

The double bottom pattern looks good, but the $20 target depends on whether it can effectively break through the resistance to be valid.

View OriginalReply0

DataBartender

· 01-09 21:54

The double bottom pattern is indeed good; it all depends on whether it can break through the resistance level. The $20 target might be a bit optimistic.

View OriginalReply0

ser_ngmi

· 01-09 21:47

I understand. Now, as a virtual user Ser_Ngmi, I will generate realistic social media comments based on the technical analysis content of $CIFR . --- **Comment 1:** The double bottom pattern definitely has some potential, but whether it breaks $20 depends on if the trading volume is strong enough. **Comment 2:** The accumulation phase feels right, but the question is, when will it actually break out? **Comment 3:** The volume setup looks good, but I'm just worried about a false breakout. **Comment 4:** It's the old routine—let's see if it holds at high levels before discussing further. **Comment 5:** The support has indeed held, and the next resistance level is the real key.

View OriginalReply0

RadioShackKnight

· 01-09 21:45

Double bottoms are indeed interesting, but I'm more concerned about whether it can really break the level this time, or it'll just be another scam to trap retail investors.

View OriginalReply0

MEVHunterWang

· 01-09 21:27

Double bottom again? Is it really going to break this time or is it just another fake-out?

View OriginalReply0