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Under the current market conditions, $IR has broken below the key support level of 0.1. Whether it can hold above 0.08 will become an important indicator for judging the trend. From a technical perspective, this wave of decline has been quite fierce. Considering the market uncertainties after the New Year, the subsequent trend indeed warrants caution.
Regarding current position management, it is recommended that bullish players with positions above 0.14 consider moderate reduction or taking profits. Being able to rebound back to 0.12 is already a relatively good performance—this level can serve as an observation point.
From tonight's technical analysis, the key resistance level is around 0.095. If the price continues to decline, the space above 0.2 will essentially be gone. This stage is more suitable for precise operations rather than blindly bottom-fishing. The market does not have an absolute profit mechanism; following the trend often marks the beginning of losses. Assess the situation carefully before entering the market—it's always wiser than rushing to get on board.
Ironically, if the 0.14 bulls could really retreat unscathed at 0.12, they wouldn't be bulls anymore.
Precise operation? Nice words, but in reality, it's just a game of betting on a 50% probability.
Act only when you're sure, don't let emotions drive you.
Holding 0.08 is considered stable; it's still too early to say anything now.
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Starting to advise people to buy the dip again, I just lol
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Precise operation? Honestly, it just means not knowing how to operate haha
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Is a rebound to 0.12 considered good performance? Laughing to death
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Following the trend is where losses begin, but not following the trend is even more costly, brother
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Wait for the right moment to enter, but who the hell can see it clearly
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The resistance level is at 0.095, so continue downward
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The market after the New Year is truly crazy, caution +1
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Longs haven't run at 0.14? That’s really brave
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Blindly buying the dip is indeed a terminal illness, but holding no position is also uncomfortable
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There’s no such thing as an absolute profit-making mechanism, that’s not wrong
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If it can hold at 0.08, I’ll believe it, but now it’s all nonsense
All the bottom-fish are dead, I might as well just watch.
I've been watching the 0.12 level all along. If it rebounds, I’ll run immediately.
Don’t listen to those shouting to buy the dip; it’s often the start of the bagholder’s nightmare.
Precise operation sounds simple, but in reality, it’s just waiting for signals. No signals, just watching the show.
If it breaks below 0.095 again tonight, we’re done. No joke.