#战略性加仓BTC Ethereum's recent rebound momentum has already significantly weakened.
Looking at the 4-hour chart, the rally is unaccompanied by volume, and the 3050 zone was directly smashed through, a typical pattern of false breakout followed by a sharp decline.
The moving averages are converging and trending downward, with the price being pressed firmly below the mid-term moving average, leaving no room for the bulls to rise.
Don't expect much from the MACD indicator either — the red bars haven't even expanded before starting to shrink, indicating a clear lack of momentum. This suggests that the rally is not a genuine breakout but rather a shakeout to distribute shares.
Buying at this position only hands over chips to the bears, so why bother?
The core logic is simple: no effective breakout = the bears' advantage period.
Until volume is confirmed and a new high in structure is established, it's a weak consolidation pattern. Profits can only be made from retracements, not from the rally itself.
Bulls, don't force it; bears, wait patiently. The market will reveal its own answer.
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.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
ForkItAll
· 6h ago
It's the same trick again. A massive surge is just a trap to attract buyers. I'm already tired of it. Wait for a pullback to get in, why get caught now?
View OriginalReply0
ETH_Maxi_Taxi
· 6h ago
Hey, this round is really boring. The unlimited surge was directly smashed, a typical fake-out.
View OriginalReply0
RegenRestorer
· 6h ago
Hmm, another fake breakout. I knew it would turn out like this. The trap of trapping shorts has been played out, and are there really people still chasing?
View OriginalReply0
faded_wojak.eth
· 6h ago
Trying to induce a short squeeze, huh? I've seen this trick quite a few times last year, and now it's happening again.
#战略性加仓BTC Ethereum's recent rebound momentum has already significantly weakened.
Looking at the 4-hour chart, the rally is unaccompanied by volume, and the 3050 zone was directly smashed through, a typical pattern of false breakout followed by a sharp decline.
The moving averages are converging and trending downward, with the price being pressed firmly below the mid-term moving average, leaving no room for the bulls to rise.
Don't expect much from the MACD indicator either — the red bars haven't even expanded before starting to shrink, indicating a clear lack of momentum. This suggests that the rally is not a genuine breakout but rather a shakeout to distribute shares.
Buying at this position only hands over chips to the bears, so why bother?
The core logic is simple: no effective breakout = the bears' advantage period.
Until volume is confirmed and a new high in structure is established, it's a weak consolidation pattern. Profits can only be made from retracements, not from the rally itself.
Bulls, don't force it; bears, wait patiently. The market will reveal its own answer.
Stay tuned: $ZBT $PIEVERSE