On price targeting in the crypto market, I want to be clear: linear scale charts are the only reliable tool for this work—forget about log scale graphs for target setting.
Looking at $SI_F specifically, the 2X target sits at $128. That's the number to watch.
Here's the reality though: we're at a point where the higher the price climbs from here, the nastier the pullback will eventually be. A deeper correction becomes more likely. And once we hit whatever peak forms, don't expect to see that level again for quite some time—we could be talking years before a return to those highs.
The market cycles are brutal that way. The bigger the run, the longer the consolidation.
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.
On price targeting in the crypto market, I want to be clear: linear scale charts are the only reliable tool for this work—forget about log scale graphs for target setting.
Looking at $SI_F specifically, the 2X target sits at $128. That's the number to watch.
Here's the reality though: we're at a point where the higher the price climbs from here, the nastier the pullback will eventually be. A deeper correction becomes more likely. And once we hit whatever peak forms, don't expect to see that level again for quite some time—we could be talking years before a return to those highs.
The market cycles are brutal that way. The bigger the run, the longer the consolidation.