Technical analysis indicates that LIGHT showed a trend reversal signal after 9 PM based on the previous two days' calculations. The subsequent sharp decline was likely caused by large investors closing positions temporarily, leading to a sudden sell-off. However, such short-term declines usually do not reverse the overall direction of the subsequent rebound.



From the current perspective, the market needs approximately 48 hours to repair technical indicators, especially the oversold signals accumulated after high-level oscillations. If this timeframe is followed, LIGHT is expected to enter another trend reversal cycle around January 1st. At that time, the key support levels in the technical analysis will become the focus of observation—whether the price will continue to decline or bottom out and rebound will become clearer.
LIGHT-17.89%
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NewDAOdreamervip
· 2h ago
48-hour fix? That's funny. Last time they said the same thing, and then it suddenly dropped straight down. LIGHT is really hard to figure out. Speaking of which, I've seen too many tricks of big players dumping coins. Every time they say the short-term trend won't reverse, then they do the opposite. Your prediction level... uh. Re-entering around New Year's for a trend change? I'll just stay flat for now, anyway, I have to wait no matter what. If the support level breaks, it won't be so "clear" anymore. I bet it will continue to fall.
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BlockchainGrillervip
· 2h ago
Big players are tired of dumping, this rebound is definitely solid Hey wait, is the 48-hour recovery claim reliable? They said the same thing before See the real deal on January 1st, as long as the support level holds, I will hodl Can it really be clear this time? Haha, let's wait and see A sharp drop = a buying opportunity, no matter how you think about it, you can't lose
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ForkLibertarianvip
· 2h ago
Whale dump? Haha, here we go again, but a 48-hour fix? I doubt it. Entering around January 1st is the wise move. Whether the support level holds or breaks is the real story.
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gas_guzzlervip
· 2h ago
The big players are dumping again, I’m all too familiar with this routine. Waiting for January 1st? Then just wait, it’s about the same within 48 hours anyway. Whether the support level breaks or not is the key... How many times have previous predictions been accurate? Honestly. Can this wave rebound? I’m not confident. It’s another change in the market trend, changing every day. When will it finally rally?
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GamefiGreenievip
· 2h ago
Big whales dumping again, can it rebound this time? 48-hour recovery? Damn, I have to wait again. Around January 1st? Then I have to hold on and stay calm. Whether the support level breaks or not is the key; if it breaks, it's game over. The short-term decline can't turn around yet, we still need to see what happens next. Is this wave another routine to cut leeks... According to their words, the bottom is near? But I don't really believe it. Market reversal cycle... sounds quite professional, but I still don't know how it actually is. Then just keep waiting, anyway I can't run away.
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