Bitcoin appears to face significant resistance above, but there are quite a few support gaps below. I personally think that a downward move today might not be a bad thing—it could actually provide better room for momentum building for tomorrow's rise. Technical consolidation often lays the foundation for the next rally, and such pullbacks can help clear out some short-term holders. Short-term volatility may seem fierce, but the long-term logic will become clearer.
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BlockchainWorker
· 01-07 06:40
Well, I've heard a lot about sweeping floating positions, but I'm worried that a rebound might turn into a plunge.
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BrokenDAO
· 01-07 04:20
The idea of sweeping away floating positions sounds good, but this narrative can be used every time there's a pullback. The question is—who defines the boundaries of "healthy consolidation" and "panic selling"? Most of the time, it's just a post-hoc rationalization.
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DefiPlaybook
· 01-04 13:52
I've heard the whole routine of sweeping out floating positions too many times, and what's the result? Next time it drops again, they'll say it's building positions. Invincible.
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ProofOfNothing
· 01-04 13:49
I've heard the whole "sweeping floating positions" thing too many times. Every time they say it's about accumulating strength, but what's the result?
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TokenCreatorOP
· 01-04 13:43
When it drops, it's a good time to accumulate. Don't be afraid.
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hodl_therapist
· 01-04 13:40
I think this wave is a good opportunity to clear out the floating positions; in the long run, it's still a positive.
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GigaBrainAnon
· 01-04 13:38
Hmm, I've heard this logic too many times. Every time they say a pullback is a good thing, but what’s the result?
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0xTherapist
· 01-04 13:35
The idea of sweeping away floating positions sounds a bit familiar, always saying the same thing every time there's a dip.
Bitcoin appears to face significant resistance above, but there are quite a few support gaps below. I personally think that a downward move today might not be a bad thing—it could actually provide better room for momentum building for tomorrow's rise. Technical consolidation often lays the foundation for the next rally, and such pullbacks can help clear out some short-term holders. Short-term volatility may seem fierce, but the long-term logic will become clearer.