#ETH巨鲸增持 Bitcoin this round pullback has fallen below 84,000, is it at the bottom? Looking at the market data, it feels like it's still early.



The buy orders on that side are obviously weak, which is a far cry from the previous rebounds - back then, the support funds were much more substantial. Looking at the volume comparison of the four-hour candlestick, the bulls here have at most a little more than half of the bears, indicating a significant disparity in strength.

Based on this rhythm, $BTC may still need to probe down to the 80500 level to find decent support. Don't rush to bottom fish; it's better to observe for now. When the market gives opportunities, the market data signals will be clearer.
ETH2.99%
BTC2.11%
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
  • 10
  • Repost
  • Share
Comment
0/400
AllTalkLongTradervip
· 12-04 13:52
It's still early, bro. With such weak buying, who dares to buy the dip? See you at 80500. The volume is so much lower, the bulls simply can't hold up. Just watch for now, don't get trapped. Whales accumulating? That's their business.
View OriginalReply0
DegenTherapistvip
· 12-04 10:34
80500 is the real bottom. Buying the dip now is just catching a falling knife, bro.
View OriginalReply0
CoinBasedThinkingvip
· 12-03 04:27
The buying is so weak, which means the real bottom hasn't arrived yet.
View OriginalReply0
GasFeeCriervip
· 12-02 17:04
Here they come again to play people for suckers like me, 80500 is really the bottom? I believe you, yeah right.
View OriginalReply0
gas_fee_therapistvip
· 12-02 02:30
Wait, is the buying pressure this weak? I thought there would be a rebound.
View OriginalReply0
potentially_notablevip
· 12-02 02:29
Everyone is shouting to buy the dip, but I see there are mostly empty orders on the buying side.
View OriginalReply0
MEVSupportGroupvip
· 12-02 02:25
80500 is still far away, don't rush.
View OriginalReply0
DevChivevip
· 12-02 02:23
The buying pressure is so weak, it's still too early to buy the dip, let's talk again at 80500.
View OriginalReply0
StablecoinArbitrageurvip
· 12-02 02:14
actually, order book depth analysis here is *chef's kiss*... the bid-side volume deficit you're describing? that's literally textbook liquidity evaporation. seen this pattern 47 times in my backtests (n=2847). bottom's not in yet, ngl
Reply0
NightAirdroppervip
· 12-02 02:11
Well... the buying power is so weak, I also feel that the bottom hasn't been reached yet.
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)