These types of cryptocurrencies share a common characteristic — they rise quickly and fall just as fast. Not long ago, they gained 50 points driven by hype and market sentiment. Now that the hot topic has cooled down, funds have also dispersed. Looking at the 1-hour K-line, it's entirely a bearish dominance, with no additional funds entering the market, so the price can only go down. To put it simply, how the price is pushed up is how it will fall back.
Friends looking to catch the bottom of the bear market should focus on the 0.254 range, which is a relatively safe entry point. Set the stop-loss at 0.285 to control risk. The first profit target is at 0.218; if it feels good, hold on. The second target is at 0.189, and if the break is smooth, it can even approach 0.169. If the subsequent trend continues to confirm, there is still more downside potential worth looking forward to. The key is to manage risk well and avoid greed.
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On-ChainDiver
· 01-17 05:31
Hot spots are exposed once they disperse; this is the fate of emotional trading.
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TradingNightmare
· 01-16 07:04
When the hot topic cools down, funds just run away. This round is indeed unplayable.
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CexIsBad
· 01-15 02:56
50 points and it's gone, this is an emotional market. Those without patience are cannon fodder.
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0.254 to enter? I think we should wait a bit longer; the bearish momentum hasn't fully released yet.
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Don't be greedy. This is a good saying—many people end up losing everything because of greed.
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This kind of coin is just a roller coaster; it rises quickly and falls just as fast, you can't hold on at all.
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Stop loss at 285 is a bit loose; this level might be easily washed out.
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I believe in breaking down to 0.169. The key question is whether it can break through smoothly.
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Hotspot coins are like this; once the funds are withdrawn, nothing remains. Let's wait and see.
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notSatoshi1971
· 01-14 07:57
Once the hype dissipates, the true nature is revealed. We definitely need to wait and see this time.
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SchrodingerProfit
· 01-14 07:55
This wave is indeed just an emotional market; once the funds disperse, it's over.
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NeonCollector
· 01-14 07:54
Once the hype fades, the funds run away. I'm tired of this trick.
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WenMoon42
· 01-14 07:36
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GhostAddressHunter
· 01-14 07:33
Once the hype fades, funds run away very quickly. I've seen this trick many times.
Entering at 0.254, looks okay, but take it easy, don't go all-in.
Another round of the "rise and fall" show.
The bottom-fishing mentality is the most dangerous, really.
These types of cryptocurrencies share a common characteristic — they rise quickly and fall just as fast. Not long ago, they gained 50 points driven by hype and market sentiment. Now that the hot topic has cooled down, funds have also dispersed. Looking at the 1-hour K-line, it's entirely a bearish dominance, with no additional funds entering the market, so the price can only go down. To put it simply, how the price is pushed up is how it will fall back.
Friends looking to catch the bottom of the bear market should focus on the 0.254 range, which is a relatively safe entry point. Set the stop-loss at 0.285 to control risk. The first profit target is at 0.218; if it feels good, hold on. The second target is at 0.189, and if the break is smooth, it can even approach 0.169. If the subsequent trend continues to confirm, there is still more downside potential worth looking forward to. The key is to manage risk well and avoid greed.