Looking at the daily trend of ETH, the market took five full days to complete this wave of correction, only to give it all back in two days on Wednesday and Thursday, which is quite frustrating.



But from a broader perspective, the influencing factors are quite complex. My personal judgment is that the probability of this rebound before the end of the year is still relatively high.

Thinking carefully, this decline might be the market doing a shakeout—clearing out retail investors who hold uncertain positions and are easily shaken out. Each such adjustment is a re-accumulation of chips, and the next round will be the real breakout. The key still depends on how confident you are in this market trend.
ETH1,1%
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
  • 10
  • Repost
  • Share
Comment
0/400
AlphaBrainvip
· 3h ago
The five-day rally was wiped out in two days. This move was quite ruthless; retail investors have probably been shaken out.
View OriginalReply0
GasFeeAssassinvip
· 9h ago
Five days of hard work wasted, truly incredible... But speaking of which, I've heard the excuse of "shake-out" too many times. Every time they say it's to shake out retail investors, but what happens then?
View OriginalReply0
PoetryOnChainvip
· 01-10 03:14
It took five days to finally pull it up, and it was all gone in two days. This wave is indeed disgusting. But on the other hand, retail investors getting washed out is also deserved; those with unstable mindsets should have exited early.
View OriginalReply0
PanicSeller69vip
· 01-08 21:49
Five days of effort wasted in two days, this is the crypto world, my mindset is collapsing.
View OriginalReply0
EternalMinervip
· 01-08 21:49
Five days of effort, two days of total collapse. I just want to know who the hell is manipulating this show.
View OriginalReply0
LayerZeroHerovip
· 01-08 21:48
Five days of correction and two days of rebound—this data pattern definitely warrants an in-depth review. I agree with the washout logic, but the question is—how to verify that this was truly a washout and not a trap set before a reversal?
View OriginalReply0
CrossChainBreathervip
· 01-08 21:48
Five days of wasted effort, two days of completely throwing it back, this is ridiculous. Shakeouts are shakeouts, but damn, this is too harsh.
View OriginalReply0
AlphaLeakervip
· 01-08 21:45
Five days of flat trading, two days of breaking through losses—that's the daily routine of retail investors.
View OriginalReply0
GateUser-afe07a92vip
· 01-08 21:43
Five-day gains wiped out in seconds, this is the crypto market, making people's blood pressure soar. But on the other hand, hearing the term "shakeout" so often... Is there really still a chance?
View OriginalReply0
LuckyHashValuevip
· 01-08 21:27
The five-day rebound was completely wiped out in two days. This move really made people sick haha
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)