2026-01-01 21:20:49

The fundamentals of this coin determine its ceiling. As long as it breaks through the critical level of 2.0, the technical aspect will come under pressure, and shorting on rallies will become the usual strategy.

2.0 is indeed an important resistance that suppresses the bulls; even after breaking through, it will still be pushed back. Each sell-off is quite forceful, and as long as shorts hold their positions and do not see the $1 support level, there is no need to panic.

This start of the year first cleared out the shorts, with a very clear purpose—subsequently, they will definitely continue to deceive retail investors into entering, followed by another round of decline. According to this logic, the short-term market may move into a long-term consolidation phase, so stop-loss arrangements should be in place. For traders, it is wise to remain cautious at this position.

View Original

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.

15 Likes

Reward
15
7
Repost
Share

Comment

0/400

BlockchainRetirementHome

· 6h ago

Level 2.0 is really tough. Every time I rush forward, I get knocked back. It’s exhausting to watch.

View OriginalReply0

BearMarketMonk

· 9h ago

2.0 this level is really tightly stuck, every time it surges up, it gets hammered back down, so annoying Breaking through is pointless, it will definitely fall again, just this cycle of fooling the retail investors Retail investors are still in a daze, they can't see that another wave of slaughter is coming I'll just stay in cash for now, wait until it hits 1 dollar Being steady at this level and staying alive is much better than chasing highs and killing dips The 2.0 resistance level is so strong, it's right to short on rallies It's going to be volatile again, protecting your stop-loss and avoiding account liquidation is the key

View OriginalReply0

GasWaster

· 9h ago

The 2.0 threshold is indeed very strict; every time I try to get through, I get knocked back. It's really frustrating to watch.

View OriginalReply0

OnChainArchaeologist

· 9h ago

I actually think this analysis is a bit too linear. Is level 2.0 really that difficult... Every time it's said that it will be smashed back, but in the end, retail investors are already used to this story. --- It's that same narrative of tricking in and then crashing down. After all these years, it still hasn't changed. --- Stop-loss is set, but to be honest, who knows what the next step is, anyway, I'm just lying here. --- $1 support level... Are you comforting yourself or others? --- Long-term consolidation is just long-term consolidation, anyway, it’s hard to tell what it’s going to do in the short term.

View OriginalReply0

LiquidatedDreams

· 9h ago

Level 2.0 is really tough to beat, every time I break through, I get pushed back. This rhythm is a bit frustrating.

View OriginalReply0

Deconstructionist

· 9h ago

I don't see the 2.0 threshold as that pessimistic; the strong sell-off actually indicates that someone is supporting the market. --- Starting to talk about tricking retail investors into entering again? Wake up, who hasn't been fooled before haha. --- I've heard the phrase "set stop-loss" so many times, but the key is that it's hard to bear to cut losses. --- Fundamentals determine the ceiling? Then how do you explain the rebound in the past few months? --- Is the support level at $1 really stable? Feels like this statement is always being made. --- Doing short positions on rallies also carries high risk; once broken through, you get cut in the opposite direction. --- Long-term volatility is the most annoying; it's better to have a decisive trend. --- Shorts hold steady without panic, easy to say... but who can really do that in practice?

View OriginalReply0

AirdropATM

· 9h ago

Reaching the 2.0 level is really difficult; every time I get here, I get pushed back. How can retail investors make money?

View OriginalReply0