BTC! ETH will continue to fall 🚨



The real bottom hasn’t appeared yet

Right now, all rebounds in BTC and ETH are low-volume false breakouts used to repair the chart—not a bottoming reversal! Short-term moving averages comprehensively suppress the market, and bullish momentum has completely dried up. On-chain sell pressure and market panic sentiment have not been fully released; bottom-fishing funds are frequently trapped. At this stage, it’s only a consolidation-and-pause during a downtrend— the true bottom is far from in place. There is still ample downside room ahead; I firmly advise against trying to bottom-fish!

⚠️Personal trading perspective only, not investment advice
BTC-0.65%
ETH-0.65%
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.
  • Reward
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
MossyLedger
· 17h ago
The moving average suppression is too obvious; the bulls can’t organize an effective counterattack at all.
View OriginalReply0
GateUser-0c86a4c9
· 18h ago
In this market, keeping your hands under control is more important than anything else. Wait for a breakout that leads to a sharp drop on high volume, or a long bullish run on high volume, then consider it. Don’t rush.
View OriginalReply0
WeekendGatekeeper
· 18h ago
On-chain data is indeed ugly; until selling pressure is fully cleared, it’s hard to talk about a bottom.
View OriginalReply0
FeeMarketMonk
· 18h ago
Yes, a rebound on shrinking volume is the most dangerous thing; last time I got trapped by a bull trap after being lured into it.
View OriginalReply0
  • Pinned