If it closes above 3200, consider exiting short positions and wait for clearer signals. If it breaks below 3200, 3050 could become the next support.
But there's a crucial detail here—if a long lower shadow forms at the 3200 round number, it indicates that the buying pressure below is quite fierce, and the "V reversal" risk is extremely high. At this point, you must decisively close your short positions and avoid gambling.
From a capital perspective, retail traders' long positions have already accumulated to around 60%, which is somewhat dangerous. Large investors are likely preparing to unwind their positions. In this situation, short positions should be handled with even more caution.
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CoffeeNFTrader
· 01-10 06:38
The 3200 threshold is too critical. Once a long lower shadow appears, don't follow it. Betting at this time is the biggest loss.
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GasBankrupter
· 01-09 16:35
The 3200 level is too critical. The appearance of a long lower shadow directly signals a trap; big players are bleeding out.
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0xSherlock
· 01-08 18:24
This key level at 3200 must be closely watched. If a long lower shadow appears, close the position immediately. Don't think about a reversal.
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governance_lurker
· 01-07 15:56
You really need to keep a close eye on this 3200 level. If a long lower shadow appears, just run immediately. Don't think about a V-shaped reversal to make a quick profit.
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ser_we_are_ngmi
· 01-07 10:55
You really need to keep a close eye on the 3200 level. Once a long lower shadow appears, run quickly. Don't think about betting on a V-shaped reversal.
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HappyToBeDumped
· 01-07 10:49
Here comes the 3200 hurdle again, a long lower shadow really shows the quickest fear.
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TxFailed
· 01-07 10:48
honestly the long wick at 3200 is basically screaming "we're about to get rekt" and everyone's gonna ignore it anyway
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WhaleStalker
· 01-07 10:39
This 3200 level really needs to be watched closely. As soon as the long lower shadow appears, I know I have to exit. Retail investors piling up so many longs... big players are brewing a bad plan.
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CounterIndicator
· 01-07 10:35
This level at 3200 is really tough. Once a long lower shadow appears, don't gamble anymore—just close your positions and run.
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VibesOverCharts
· 01-07 10:33
The 3200 level is really crucial. Once the long lower shadow appears, I will immediately exit. Don't expect a V-shaped reversal to make big money.
The key is to watch the closing position.
If it closes above 3200, consider exiting short positions and wait for clearer signals. If it breaks below 3200, 3050 could become the next support.
But there's a crucial detail here—if a long lower shadow forms at the 3200 round number, it indicates that the buying pressure below is quite fierce, and the "V reversal" risk is extremely high. At this point, you must decisively close your short positions and avoid gambling.
From a capital perspective, retail traders' long positions have already accumulated to around 60%, which is somewhat dangerous. Large investors are likely preparing to unwind their positions. In this situation, short positions should be handled with even more caution.