SPY short-term outlook: don't rush to call this a top just yet. The market's shown it can flip the script pretty quick when sentiment shifts. What we're watching is whether this rally holds or we see weakness creep back in. The real question isn't whether a pullback happens—it's timing. As it stands, $700 remains the near-term resistance zone to monitor closely. Red candles turning green is typical in volatile markets, so stay sharp on the technicals and keep your entry points disciplined.
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.
24 Likes
Reward
24
8
Repost
Share
Comment
0/400
MevHunter
· 01-17 20:42
Can we finally break through this 700 hurdle? It seems like we still need to see what the next few K-lines have to say.
View OriginalReply0
SatoshiChallenger
· 01-16 12:10
It's the old trick of "don't rush to call the top" again, data shows that the last time it was said, the price dropped by 37%.
---
Ironically, the resistance level at 700 has been watched for half a year, and they still insist on telling the story.
---
Interesting, in a volatile market, red and green candles take turns. Is this talking about technical analysis or roulette?
---
Objectively speaking, timing is more difficult to grasp than the rise and fall itself. The statement is not wrong, but it also means nothing.
---
I bet that in half a year, looking back, this analysis will be about as accurate as fortune-telling.
---
Not to be confrontational, just asking how many people can truly hold onto "discipline to enter," or will they be cut again by emotions?
View OriginalReply0
gas_guzzler
· 01-14 23:05
700 is here again. Can it really break this time, or will it just keep rubbing repeatedly?
View OriginalReply0
NoStopLossNut
· 01-14 23:00
The 700 level is indeed critical, but I don't think it's time to panic yet.
View OriginalReply0
TradingNightmare
· 01-14 22:59
700 at this critical level is really holding tightly, tested multiple times repeatedly, feels like this year will be a back-and-forth struggle around these two levels.
View OriginalReply0
liquidation_surfer
· 01-14 22:57
This 700 barrier is really holding tight, feeling like it's about to break through at any moment.
View OriginalReply0
TaxEvader
· 01-14 22:53
The 700 level definitely needs to be closely watched, but do you think this rebound can break through?
View OriginalReply0
FrogInTheWell
· 01-14 22:38
You must hold the line at 700, or you'll have to run.
SPY short-term outlook: don't rush to call this a top just yet. The market's shown it can flip the script pretty quick when sentiment shifts. What we're watching is whether this rally holds or we see weakness creep back in. The real question isn't whether a pullback happens—it's timing. As it stands, $700 remains the near-term resistance zone to monitor closely. Red candles turning green is typical in volatile markets, so stay sharp on the technicals and keep your entry points disciplined.