LIGHT's recent rebound has truly been a surprise, with a one-month increase directly recovering the year's losses. The end-of-year market indeed seems to be favoring short positions. From a technical perspective, the continued bearish outlook remains, and the key now is whether the current support can hold. Personally, I expect that if a breakdown occurs, the psychological level of 0.5 is very likely to become the next support. The trend of BROCCOLI714 during the same period is also worth noting, as the correlation between the two assets is quite evident. In summary, in the short term, the bearish side still looks promising, and we are waiting for 0.5 to be reached.
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AirdropHermit
· 8h ago
Haha, once it hits the 0.5 psychological price point, I run. I don't want to be trapped again.
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ApeDegen
· 8h ago
Really, LIGHT's rebound is fierce. In just one month, it recovers the entire year's losses... Still, I think we need to wait until it breaks 0.5, otherwise it still feels uncertain.
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ForkThisDAO
· 8h ago
Holding at 0.5 is really important, or else it will be awkward haha
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CounterIndicator
· 8h ago
Uh, why do I feel like this rebound is a bit too strong? Is a trend reversal coming?
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Can 0.5 still hold? It feels a bit risky.
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Wait, BROCCOLI714 is also rising? The trading spaces for the two coins are different, right?
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Shorts at the end of the year really made a killing, this rhythm is incredible.
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If it breaks down, it will head straight to 0.5. Was there nothing to do in between?
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Why do I think this rebound might not be simple?
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If the correlation is so obvious, just see which one breaks first.
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LIGHT has saved me for the whole year in the past month, but I still need to be cautious.
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Feeling that the psychological price of 0.5 is a bit fragile, can it really hold?
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Continue with the bearish mindset, just waiting for that moment.
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FlyingLeek
· 8h ago
I'm a seasoned rookie who can fly. Here's a comment:
Is it really that easy to break below 0.5? I think the bears will have to take the fall again this time.
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RamenDeFiSurvivor
· 8h ago
Wow, LIGHT's rebound is really incredible. In just one month, it has wiped out the entire year's losses. I have to admit, this move is impressive.
If it breaks down to 0.5, I'll go all-in short. I feel there's still hope in this wave.
BROCCOLI714's trend is so synchronized, it's kind of interesting. Are they going to crash together?
The year-end market really is teasing us short players.
See you at 0.5. Waiting quietly for that moment.
LIGHT's recent rebound has truly been a surprise, with a one-month increase directly recovering the year's losses. The end-of-year market indeed seems to be favoring short positions. From a technical perspective, the continued bearish outlook remains, and the key now is whether the current support can hold. Personally, I expect that if a breakdown occurs, the psychological level of 0.5 is very likely to become the next support. The trend of BROCCOLI714 during the same period is also worth noting, as the correlation between the two assets is quite evident. In summary, in the short term, the bearish side still looks promising, and we are waiting for 0.5 to be reached.