Recently, the trends of Bitcoin and Ethereum have become increasingly interesting. The confrontation between bulls and bears has clearly intensified. Although the K-line shows a rebound signal, the overall market direction remains unchanged; a mere partial rebound cannot hold up.
Looking at the four-hour chart makes it very clear—price repeatedly tests the key resistance level without breaking through, each time leaving long upper shadows. What does this indicate? The selling pressure above is gradually increasing, and the possibility of weakening is rising.
Market sentiment is currently a mix of extremes. Some are still chasing the rally and optimistic, while others choose to wait and avoid risks. With the weekend approaching, trading activity naturally decreases. The liquidation ranges in derivatives are becoming narrower, which is usually a precursor to a market decision.
How to operate? Don't be swayed by emotions into reckless moves. Focus on whether the price has been pushed down at the resistance level; this is your main reference signal. Avoid blindly chasing highs; patience is the best strategy. Wait until the trend becomes truly clear before taking action; the risk will be much lower.
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StableNomad
· 15h ago
ngl those wick rejections at resistance are giving UST vibes... statistically speaking, narrowing liquidation bands usually mean smart money's already positioned. not financial advice but—patience beats fomo every single time, learned that the hard way back in the LUNA days lmao
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DaisyUnicorn
· 01-04 12:56
It's the same old trick again, with long upper shadows that look like little flowers being bent down, always bowing politely at key points... This time, the liquidation range is narrowing, and it feels like the market is brewing something. My suggestion? Let's just be patient gardeners and wait until the flowers truly bloom before taking action.
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DancingCandles
· 01-03 06:20
It's another repeated scalp attack. This time it really should break through... Wait, it dropped again. It feels like this wave really requires choosing a side.
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DegenGambler
· 01-02 22:48
It's the same story again, just looking for a short position if the resistance level isn't broken? I just want to ask if you made any profit the last time you said this.
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BlockchainRetirementHome
· 01-02 22:47
It's the same old story. A long upper shadow indicates resistance, and I'm already tired of it. Let's talk when real signals appear. For now, it's just a waiting game.
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RegenRestorer
· 01-02 22:47
Still repeatedly pushing against the resistance level. Can it break this time? Feels like I still have to wait.
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MetaverseHobo
· 01-02 22:47
Same old story, when it rebounds, they say there's hope; when it breaks down, they say the trend is bearish. The liquidation zone is narrow, and I want to see what can actually be pushed out of it.
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NftDeepBreather
· 01-02 22:28
The upper shadow is so long that it really can't be stopped; it feels like it's going to fall.
Recently, the trends of Bitcoin and Ethereum have become increasingly interesting. The confrontation between bulls and bears has clearly intensified. Although the K-line shows a rebound signal, the overall market direction remains unchanged; a mere partial rebound cannot hold up.
Looking at the four-hour chart makes it very clear—price repeatedly tests the key resistance level without breaking through, each time leaving long upper shadows. What does this indicate? The selling pressure above is gradually increasing, and the possibility of weakening is rising.
Market sentiment is currently a mix of extremes. Some are still chasing the rally and optimistic, while others choose to wait and avoid risks. With the weekend approaching, trading activity naturally decreases. The liquidation ranges in derivatives are becoming narrower, which is usually a precursor to a market decision.
How to operate? Don't be swayed by emotions into reckless moves. Focus on whether the price has been pushed down at the resistance level; this is your main reference signal. Avoid blindly chasing highs; patience is the best strategy. Wait until the trend becomes truly clear before taking action; the risk will be much lower.