VIRTUAL this wave of market movement is indeed eye-catching—bottoms have been bouncing back nonstop, rising four days in a row and directly surpassing 90%. Many people are a bit excited about this momentum, but from a technical perspective, today's trend has already signaled a pullback.



The hourly chart encountered resistance here, and the high-volume candle yesterday with a pin bar formation is quite obvious. The current price is at 1.064, which is honestly a somewhat awkward level—the increase has been significant, but it hasn't reached a point where it can't be pushed further.

From this perspective, the probability of a short-term correction is quite high. If you're a short-term trader, this price level actually carries some risk. Experienced traders would consider reducing their positions or waiting for a pullback before re-entering, rather than chasing higher at market price. That's how the market works—after a sharp rise, a pause or correction is often needed.
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GateUser-44a00d6cvip
· 01-07 09:03
Chasing high prices just gets you cut, it's not like I haven't seen this trick before.
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hodl_therapistvip
· 01-06 07:41
Chased a 90% increase over four days and still want to buy in? Isn't that just asking for trouble?
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MetaMaskedvip
· 01-05 14:10
A 90% increase totally blew me away; this pace is really quite intense.
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MevSandwichvip
· 01-05 09:50
A 90% increase is indeed crazy, but the resistance level is right here. Chasing the high is a gamble on luck. It's pretty uncomfortable to watch here. Either lock in profits first or patiently wait for it to drop again. Trust me, don't let FOMO cloud your judgment. The market will still be here tomorrow.
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ThatsNotARugPullvip
· 01-05 09:49
90%的涨幅诶,追高的都该看看这个分析了
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SignatureLiquidatorvip
· 01-05 09:46
Four days 90%, that's really aggressive, but chasing the high now is probably just gambler's mentality. I'll wait for a pullback before making a move.
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CommunityLurkervip
· 01-05 09:45
A 90% increase is indeed tempting, but chasing high at this level is like gambling with your life. --- It's the same old story, every time they say there's a correction, but it keeps soaring? --- Reducing positions isn't wrong, but what if it breaks through? You'll regret it to death. --- That's how virtual currencies are—greedy when they rise, collapse when they fall. --- I just want to ask, why did it close the gap at a high level yesterday and still keep rising today? --- A volume-driven close? Bro, this signal has appeared hundreds of times. --- The 1.064 level is indeed awkward; it can't go up, and there's no rush to go down. --- Short-term trading is just gambling; don't listen to any technical analysis. --- Experienced traders are all waiting for a pullback? I think they're all chasing highs. --- With such a fierce rise, a pause is indeed necessary; logically, it makes sense. --- Market orders chasing highs are all cannon fodder; this time is no exception.
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TommyTeachervip
· 01-05 09:32
A 90% increase is indeed tempting, but that's just the typical trap to fleece retail investors. I feel anxious for those caught in it.
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