CLO's recent trend has been a steep decline. Starting from the high of 0.7575, a large bearish candle directly broke through all short-term moving averages, and the previous support level instantly turned into a false sense of security. Technical indicators are also screaming—RSI plummeted from the 60s down to 29, and the MACD death cross accompanied by a gradually lengthening green histogram suggests that selling pressure is far from over.



At the current price of 0.6779, those who chased the rally yesterday should now be feeling the market's ruthlessness. From a market perspective, this is no longer a simple correction but a genuine stampede. If a rebound occurs next, for aggressive traders, it could be both a window to escape and an opportunity to continue shorting. The market moves quickly, and missing one step could mean missing the entire move.
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LiquidationWatchervip
· 01-11 14:31
Who was still shouting bottom yesterday? Where have they all gone now? A stampede is a stampede, don’t look for excuses for yourself. --- I’m tired of seeing RSI jump to 29. Every time they say it will rebound, but it just keeps dropping. --- Is 0.6779 really the bottom? Feels like it might go down a bit more. --- Rebound window? I think it’s just a signal to cut losses, haha. --- What are the current feelings of those chasing the rally? Can anyone share? --- The MACD green bars are so long, it means it’s not over yet. --- This is just the beginning, keep watching. --- Support levels have become meaningless, next is free fall. --- Is anyone still bottom-fishing or have they all run away? --- A thousand-mile plunge is no exaggeration, dropping straight from 0.757 to here. --- Aggressive traders should be thinking about how to cut losses now.
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ReverseTrendSistervip
· 01-10 00:12
Ha, those who chased the rally yesterday probably want to cut their losses now. This is the crypto market after all. --- RSI directly at 29? The selling pressure isn't over yet. Don't be greedy during the rebound, just run. --- Support levels have all fallen. Where's the promised 0.65? Where's the next bottom? --- The bears continue to enjoy the decline. Those who chased the rally, accept your fate. There's nothing we can do about this wave. --- Another coin with a completely broken technical outlook. When will it rebound, really? --- MACD has already formed a death cross. The green histogram is so long, no short-term play possible. --- The stampede is indeed painful, but who told you to chase high yesterday? Serves you right. --- Is 0.6779 the bottom, or will it continue to fall? Feeling a bit anxious. --- What are aggressive traders doing right now? Waiting for a rebound or cutting losses immediately? --- This rhythm, one wrong step and everything is wrong. So intense!
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SilentAlphavip
· 01-08 15:01
Brothers who chased the rise, I guess you're now regretting it to the core. Who can withstand such a fierce drop? RSI has already fallen to 29. This isn't just a correction; it's a direct sell-off. The blogger who was shouting buy yesterday, should they come out and explain today? Don't rush to catch the falling knife even if the rebound comes, beware of getting stabbed again. All support levels have been broken, how much further is there below? I really can't hold on anymore.
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SerumDegenvip
· 01-08 15:01
nah this is just cascade liquidation energy, rsi at 29 screaming capitulation but fomo chasers from yesterday getting absolutely rekt rn fr
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ProbablyNothingvip
· 01-08 14:56
Yesterday, everyone was still saying CLO was about to take off, and today it just plummeted... This is the crypto world. --- RSI is directly at 29, there's really no hope left. Buying the dip now is like walking on the edge of a knife. --- Support levels are all broken, now we can only wait for a rebound to cut losses... Who still dares to buy? --- Brothers chasing the rally, your mentality should be collapsing now haha. --- MACD green bars are lengthening, is there more downside below? Feels like it will keep crashing. --- I just want to know if anyone bought the bottom around 0.75... --- This is the consequence of aggressive trading; the market is teaching you how to behave. --- The rebound window is here, don’t be greedy, or it will just be a gift. --- With such a drop, is it time to slowly position at the low? Or continue to stay bearish for safety? --- Missing one step means missing every step, rough words but true this time.
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TokenToastervip
· 01-08 14:48
Friends who chased the rally yesterday must be feeling devastated now haha, this is the joy of crypto --- When RSI jumped to 29, I knew I had to cut, those still waiting for a rebound are gambling with their lives --- Breaking through all support levels means there's no bottom, it will keep falling --- Why wait for a rebound? Isn't it better to stop loss directly --- It's just a stampede, CLO is truly beyond saving this time --- People who keep bottom-fishing in this kind of market are really brave, I'm too scared --- MACD has already formed a death cross, and some are still buying in, how strong must their mentality be --- Every time they say it's the escape window, but it still keeps crashing, it's painful --- Rebounds are traps, breaking support is the real bottom, CLO could drop another half --- I already got out long ago, this time it's a do-or-die situation, not my problem
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CryptoTarotReadervip
· 01-08 14:35
Yesterday's holdings are probably all trapped now, serves you right. With such poor technicals, how dare you try to buy the dip? This CLO wave is truly hopeless, RSI has already hit rock bottom. Don't be greedy when the rebound comes, just escape and it's over. Support has been completely broken, how much more room is there to fall? I'll just quietly watch this slaughter, all technical signals are bearish.
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