Took the exit on that position, now eyeing ASTER as a potential bounce play though keeping the bet modest in size.



Looking at the bigger picture though, this rally's momentum seems to be fading hard. BTC hit 97.5k but a lot of the altcoins failed to confirm the breakout—people are still holding bags in coins that couldn't follow through. The market's showing signs of getting tired.

Expecting either some choppy consolidation or a proper pullback from here. Watch those support levels closely.
ASTER-2,23%
BTC-3,09%
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
NeverPresentvip
· 01-17 22:48
I'm a bit panicked now, feeling like this rebound is really coming to an end.
View OriginalReply0
LiquidityWhisperervip
· 01-15 00:30
97.5k, if it can't break through, forget it. I've long seen this rebound as fake... I'm also watching ASTER, but this market is just a trap to catch people.
View OriginalReply0
DegenWhisperervip
· 01-15 00:29
Really, this rebound feels very hollow. BTC hit 97.5K and lost momentum, and altcoins are even worse... Looks like it's going to be volatile.
View OriginalReply0
token_therapistvip
· 01-15 00:26
There are so many trapped positions in the crypto world; it's about time to shake them out.
View OriginalReply0
StealthDeployervip
· 01-15 00:25
Oh dear, it's the same old trick again. BTC surges but altcoins can't keep up, retail investors are still holding on stubbornly... I see this rebound as uncertain.
View OriginalReply0
  • Pin