The bullish momentum is indeed beginning to weaken. On the 4-hour chart, the momentum has clearly diminished, and this price level itself is under both emotional and technical pressure. Currently, analysts from all sides are sounding the alarm, and the retreat wave is quite noticeable. However, a correction of just over 1 point is within the normal range—these past two days during the Asian trading session, the market has been digesting a 1 to 2 point adjustment. How far it can fall depends on how it moves tonight. For now, it is still a phase of observation; pay attention to the performance of the next few candlesticks.
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hodl_therapist
· 01-08 16:09
They're starting to talk down again; I'm too familiar with this trick.
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Anon4461
· 01-06 09:58
Analysts are all shouting, and I find it annoying. Anyway, it won't fall much further; the minor adjustments during the Asian session are hardly a big deal.
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MindsetExpander
· 01-06 09:53
Getting nervous after just a little over 1? I think this is just a shakeout rhythm; the evening trend is the key.
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BearMarketNoodler
· 01-06 09:50
又来一波"惊天动地"的回调,说实话1个多点就把人吓成这样也是绝了
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SerumDegen
· 01-06 09:46
momentum's bleeding out and everyone's suddenly a doom prophet lmao... nah but fr the structure's getting dicey, that resistance is basically a liquidation cascade waiting to happen
The bullish momentum is indeed beginning to weaken. On the 4-hour chart, the momentum has clearly diminished, and this price level itself is under both emotional and technical pressure. Currently, analysts from all sides are sounding the alarm, and the retreat wave is quite noticeable. However, a correction of just over 1 point is within the normal range—these past two days during the Asian trading session, the market has been digesting a 1 to 2 point adjustment. How far it can fall depends on how it moves tonight. For now, it is still a phase of observation; pay attention to the performance of the next few candlesticks.