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What do you call this kind of candlestick pattern? $BTC
BTC-2.51%
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Seeing the weekly report from Matrixport, there's a phrase that really resonated: $BTC has first broken below the long-term trend line, and the market is shifting from a single trend to a more complex pattern.
In fact, it means that the previous phase where just identifying the right direction could lead to profits might be temporarily over.
The current situation is a bit complicated. While interest rate cuts have been made, Powell's attitude remains vague, labor data is weakening, liquidity hasn't loosened, and retail investors haven't entered the market.
All these signals are mixed, making
BTC-2.51%
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I want to know why Brother Maji never runs out of losses?
No matter how much he loses, he can still confidently continue to recharge and add positions.
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$BTC is consolidating around 90,000, and the market is waiting for the Fed's interest rate meeting.
A 25 basis point rate cut has already been priced in (CME FedWatch shows a 90% probability). The real suspense is whether Powell will pour cold water on expectations for 2026.
If the Fed lowers rate cut expectations for 2026 = hawkish = BTC drops to 85,000.
If they maintain a dovish outlook = dovish = $100,000 could return this week.
Even more aggressive is the Bank of Japan, which is very likely to raise rates on December 18-19 (85% probability).
What determines the short-term trend is not the
BTC-2.51%
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With the market like this, it's been a long time since I've heard anyone talk about altcoins $BTC
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I was a bit shocked when I saw the data from Glassnode...
During this BTC correction, the level of losses actually reached the same level as the FTX collapse.
But upon closer inspection, I found that those really losing money are almost all newbies who just entered the market recently.
The old OGs are basically unaffected, and some may even be quietly increasing their positions.
Suddenly, I realized something: assets like $BTC that have real value are truly suitable for long-term holding.
They're not meme coins, where prices are driven by hype and sentiment.
So short-term volatility may be si
BTC-2.51%
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Very good, waking up on the first day of December is to pour from head to toe 🙂 $BTC
BTC-2.51%
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Happy weekend~
Have some nice food
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Brother Majie added another 8400 pieces to the 25x $ETH long order, and still has a bunch of sell orders hanging between 3010-3100...
Can we short one position? 😆
ETH-6.12%
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SpicyChickenWithRiceCrackersvip:
He will definitely get liquidated before it rises.
AI is now really powerful enough to subvert my cognition.
Not only can it automatically post, but it can also take the blame now.
In the future, it's all AI's fault👀
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Didn’t they just have a meeting recently to crack down on Virtual Money? Why did they hold another one yesterday, specifically addressing stablecoins this time.
Reason: Money laundering, fraud, illegal cross-border fund transfers.
I feel like I've gotten used to the practice of the mainland cracking down every once in a while.
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The pump and catch a falling knife abilities of the Korean棒子 are evident to us all~ $XION
XION-6.86%
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ClearWindReturnsWithSnowvip:
Korean coin?
Why is the #bsc market back again?
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$UNI Yesterday, the trader Pigeon advocated a bullish position around 8, and those who engaged in copy trading are already trapped.
The market is still falling continuously, blindly being bullish on altcoins is just catching a falling knife.
UNI-4.48%
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MakeMoneyWellvip:
Rekt me 3000 bucks. Damn it.
In October, I imagined that the market in November would improve.
I didn't expect the drop to be even worse in November 😭
Now you are fantasizing about December again, are you bullish or bearish?🥹
$BTC $ETH $SOL
BTC-2.51%
ETH-6.12%
SOL-2.38%
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The market has been really tough lately.
After looking at the data from the past few days, even the whales on Hyperliquid have started to cash out and observe.
The "100% win rate" whale has left the market with a monthly loss of 30 million.
There is also not much liquidity on-chain.
Right now, it feels like there really isn't any other direction except shorting.
#bsc $BTC $ETH
BTC-2.51%
ETH-6.12%
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