Weekend market liquidity has completely dried up


ETH's hourly level near 15k has flattened into a straight line
There is almost no meaningful volatility
On the daily level, the price is suppressed by all moving averages layer by layer
The larger trend is still dominated by bears
A second bottom test does not at all mean the trend has bottomed out
The real bottom signal
At least standing above 1650 first counts as starting trend repair
From the long/short position data
Short-term retail longs are entering to snap up a rebound
But the net position difference has not significantly risen
Bears still hold the active advantage
In terms of operations, still mainly short on rallies
If 1600 cannot hold steadily for a while
It is highly likely to break below the previous low and create a new low later. $BTC $ETH
BTC-1.13%
ETH0.29%
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CandleChaser
· 06-27 14:55
Retail investors are buying the dip again, we've seen this script too many times.
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RecedingTideAfterTheRain
· 06-27 14:43
If it can't hold above 1650, it's a pump and dump; the bearish trend hasn't changed.
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DustCollector
· 06-27 14:39
It's boring when it's sideways like this, let's wait for volume.
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GateUser-78acf617
· 06-27 12:56
When liquidity dries up, don't force it; resting is also an operation.
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