#Strategy加仓BTC $ROSE has recently experienced a strong rally. After breaking out, it consolidated at a high level, with buy orders continuously absorbing supply. This kind of high-level consolidation with decreasing volume is often a sign of the main players controlling the market, rather than a signal of top-out selling.
From the trading perspective, an 18.84% increase accompanied by 143 million in trading volume, with open interest also increasing, all indicate that funds are continuously building positions. No rapid retracement occurred after the breakout, suggesting that selling pressure has been effectively absorbed, and the sell orders are unable to suppress the price.
If you want to seize this wave of market movement, here are some technical considerations: • Entry Range: 0.01780-0.01820 • Stop Loss: 0.01720 (strictly enforced) • First Target: 0.01950 • Second Target: 0.02100
As long as the price stays above the breakout level, there is more liquidity space to explore. This kind of volume-decreasing consolidation after a breakout often sets the stage for the next upward wave.
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AlphaBrain
· 7h ago
I've heard the phrase "consolidation with decreasing volume" too many times; I'm just worried it might be another trap to lure in buyers.
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WalletDetective
· 7h ago
Well, this approach is okay. Consolidation with reduced volume is indeed easy to be misjudged; keep a close eye on the 0.01720 level.
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TokenomicsDetective
· 7h ago
High-level consolidation with reduced volume, I've heard this explanation too many times. Can it really hold steady?
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IntrovertMetaverse
· 7h ago
I've heard the term "accumulating at high levels" too many times. Would someone who can truly make a profit waste time on this?
#Strategy加仓BTC $ROSE has recently experienced a strong rally. After breaking out, it consolidated at a high level, with buy orders continuously absorbing supply. This kind of high-level consolidation with decreasing volume is often a sign of the main players controlling the market, rather than a signal of top-out selling.
From the trading perspective, an 18.84% increase accompanied by 143 million in trading volume, with open interest also increasing, all indicate that funds are continuously building positions. No rapid retracement occurred after the breakout, suggesting that selling pressure has been effectively absorbed, and the sell orders are unable to suppress the price.
If you want to seize this wave of market movement, here are some technical considerations:
• Entry Range: 0.01780-0.01820
• Stop Loss: 0.01720 (strictly enforced)
• First Target: 0.01950
• Second Target: 0.02100
As long as the price stays above the breakout level, there is more liquidity space to explore. This kind of volume-decreasing consolidation after a breakout often sets the stage for the next upward wave.