Recently, the four-hour chart of Bitcoin has fallen into a clichéd cycle—after a big bullish candle pushes up, it gets smashed back down by a big bearish candle. This fake breakout routine has repeated over twenty times, each time seeming to trick the bulls into buying the dip. It looks like a back-and-forth manipulation of pushing up and smashing down, never seeing a bullish candle truly stabilize.



Honestly, this kind of frustrating movement is really uncomfortable. Instead of this repeated tug-of-war, it’s better to make a decisive directional choice—if it’s going up, then go up properly; if it’s going down, then drop thoroughly. The more fundamental issue is that BTC’s current trading volume and liquidity are still somewhat tight. If these can be improved, market participation will increase, and everyone’s trading experience will feel much better.
BTC1.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
DegenWhisperervip
· Just Now
This market trend is really annoying. Pump and dump back and forth, my stop-losses have all been hit. --- More than 20 fake breakouts? I counted and it feels like more. Every time I think it's going to take off, it gets smashed back. --- Bro, you're right. Instead of dragging this out, it's better to choose a direction directly. Who can stand this constant messing around? --- Liquidity is really tight. It feels like no one dares to take the other side. --- Playing like this every day, the longs would have been liquidated long ago. Better wait and see if the volume picks up later.
View OriginalReply0
OnChainArchaeologistvip
· 4h ago
More than twenty fake breakouts have occurred. Do we still have to follow the trend and buy in this time?
View OriginalReply0
MetadataExplorervip
· 4h ago
This market trend is really disgusting. After more than twenty attempts, I haven't seen a real rebound. It's purely a way to harvest retail investors.
View OriginalReply0
YieldChaservip
· 4h ago
This market cycle is really frustrating. There have been over twenty fake breakouts, and every time I try to catch the bottom, it gets hammered down again.
View OriginalReply0
AirdropLickervip
· 4h ago
More than twenty fake breakouts, man, this game is so torturous, it feels like it's all just making a wedding dress for the big players.
View OriginalReply0
ETHmaxi_NoFiltervip
· 4h ago
This market really annoys me, just like being repeatedly manipulated by the house in a casino. Over twenty fake breakouts, I'm almost numb. --- Instead of dragging it out, it's better to choose a direction directly, at least to feel better mentally. --- Liquidity is indeed a major weakness; a market without volume is just虚假的. --- Every time I think it's about to break, it turns around and gets hammered back, who can stand that? --- Basically, it's because the chips aren't concentrated enough; big players are repeatedly shaking out the market. --- I like this kind of oscillating market; who loves the rhythm of repeatedly cutting leeks? Institutions. --- In my opinion, only brave traders are still chasing now; I just don't understand. --- Liquidity improvement? We have to wait for institutions to truly enter; right now, it's just self-indulgence. --- Old tricks: pump, dump, pump, dump—endless cycle. --- A sharp drop is a hundred times better than this kind of torture; at least you know the direction.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)