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#市场过度杠杆已被出清 In the trading market, the fibonacci retracement level is a technical indicator relied upon by many traders, and my trading experience has shown an interesting pattern. When observing market behavior, I found that prices often struggle to reach the 50% pullback level. Instead, prices usually tend to stop falling or rising around the 38% pullback area, and then start moving in the direction I anticipated.

This phenomenon is particularly evident in cryptocurrency trading such as Bitcoin, Solana, and Binance Coin. Understanding this price behavior pattern is crucial for formulating effective entry strategies, setting reasonable profit targets, and stop-loss points. When the price finds support or resistance in the 38% range, it often signals that the market may soon develop in the expected direction, providing traders with potential entry opportunities.

However, it is worth noting that although this pattern frequently appears in my trading, the market is always full of uncertainty, and traders still need to make comprehensive judgments by combining other technical indicators and market factors.