This morning’s market move was pretty interesting. The resistance around the 3130-3140 range was indeed obvious. I closed my short positions after making over 100% profit. When the price pulled back to the 3089 support level, I observed signs of stabilization and entered a long position, which also yielded just over 100%.
Now the price has returned to the support area again, but this time you need to stay calm. The consolidation range is clearly narrowing, and if you caught the last two waves, you should be even more cautious—wait until there’s real confirmation of stabilization before taking action, and don’t get fooled by false breakouts. With this kind of increasingly tight movement, patience is more important than speed.
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BTCWaveRider
· 12h ago
Is this support level at 3089 really testing our patience more and more?
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Both waves made us a bit euphoric; this time, we need to slow down.
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The biggest risk in narrowing the market is acting too quickly. Wait for confirmation signals.
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A little over 100% profit and I was happy to run; now's the real test.
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Stay calm and don't let a false breakout carry you away.
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This rhythm truly requires slowing down.
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The narrower the range, the easier it is to be shaken. I've learned to be smarter.
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Seemingly simple support is actually the hardest hurdle.
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Still want to make another move? Wait a bit longer.
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If we catch this wave again, we should really thank our patience.
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GasGoblin
· 12-10 19:55
I really dislike the tactic of narrowing the range, just waiting to cut the leeks.
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100% profit and then withdraw? I'm still holding on, now I've lost my pants.
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Stay calm? Easy to say, but who can hold back at critical moments?
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Caught the first two waves, this one is definitely coming to cut my losses, I knew it.
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Fake breakouts can't be defended against, I keep getting trapped every time.
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Patience is important, I understand that, but I just feel itchy haha.
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Can the 3089 support hold? I always feel it's going to break again.
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Market after narrowing range is often the night before a big move; this time it’s either a big surge or a direct crash.
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Both bulls and bears got 100% profit? That move is really a masterstroke.
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NotSatoshi
· 12-10 05:15
3089 didn't follow up, and it was a little uncomfortable to watch others eat meat
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Rugman_Walking
· 12-09 20:25
The market is so stingy, I run as soon as I get 100%, haha, acting coy after getting a good deal.
Dragging down slowly again, have to wait for it to stabilize all over again, my patience is wearing thin.
If this range gets any narrower, it feels like I'll be suffocated to the edge of the world.
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fren.eth
· 12-09 09:47
That wave was indeed sweet, the 3140 resistance level is really holding tight.
Wait for a stabilization signal before entering, don’t rush for quick gains.
You need to be patient with this narrowing trend; too many people got tricked by the false breakout.
If you profited from the last two moves, you need to be even more cautious with this one.
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POAPlectionist
· 12-09 09:44
Oh man, this move was really spot on, but now I really have to hold back and not make any rash moves.
Wait, the range is narrowing but still swinging—this must be a signal that something big is about to happen.
Still want to keep going after multiple wins? Nah, this time I’m just going to watch and not become the bag holder.
Honestly, what worries me most is that the tighter it gets, the easier it is to get faked out. It’ll be awkward if I get shaken out right before the move.
This test of mentality is even tougher than the market itself.
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BugBountyHunter
· 12-09 09:38
Yeah, the range has narrowed, still need to wait. Don’t get greedy and end up in trouble.
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RektDetective
· 12-09 09:29
Another fake-out. This time, really wait—don’t get trapped.
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ChainMelonWatcher
· 12-09 09:24
This time I really have to hold back. The previous two rounds went so smoothly that it was easy to get carried away. A false breakout can make you give it all back in minutes.
This morning’s market move was pretty interesting. The resistance around the 3130-3140 range was indeed obvious. I closed my short positions after making over 100% profit. When the price pulled back to the 3089 support level, I observed signs of stabilization and entered a long position, which also yielded just over 100%.
Now the price has returned to the support area again, but this time you need to stay calm. The consolidation range is clearly narrowing, and if you caught the last two waves, you should be even more cautious—wait until there’s real confirmation of stabilization before taking action, and don’t get fooled by false breakouts. With this kind of increasingly tight movement, patience is more important than speed.