Based on the recent trend, the main strategy is still to look for short opportunities. Don't rush into bottom fishing—trying a small position is okay, but don't go all-in.
Key levels to watch: If the 3180 level breaks down, then look for short entries. There is solid support around 3130. If you want to go long, set a good stop loss here—small positions are enough. Conversely, the 3025 level on the left can also be considered for longs, but if it breaks below the strong support at 2975, stop-loss is necessary.
Looking upward, if we can see increased volume and stabilize above 3230, then the 3260-3300 range is worth expecting. Although yesterday’s early rate cut hype pushed through previous highs, it didn't hold, and prices retraced—that's quite telling.
3130 remains an important support level. If it breaks, pay close attention to the 3050 level. Honestly, the market hasn't shown a very clear signal to halt the decline yet, and the trend isn’t very clear. It’s advisable not to rush into action—wait and see until more definite opportunities appear.
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BearWhisperGod
· 12-13 16:12
I’m just watching the show until there’s a clear signal in the market; don’t be blinded by the hype over rate cuts.
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SchroedingersFrontrun
· 12-13 01:39
If 3130 doesn't break, I'll continue to be passive. This wave of market action is a bit sluggish, can't see clearly.
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OnChainDetective
· 12-11 09:10
nah, that failed breakout above 3230 is exactly the kind of pattern manipulation we see before coordinated dumps. transaction data on major wallets shows suspicious clustering right before the pump—textbook spoofing signature if you ask me. honestly? wait for clearer blockchain evidence before touching anything here.
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MetaEggplant
· 12-11 09:03
Breaking 3180 means you have to run; 3130 is the critical point, don't play with fire.
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OnchainDetective
· 12-11 08:53
According to on-chain data, this repeated tug-of-war between 3180-3130 clearly indicates a manipulation by the whales—on the day of the rate cut hype, the trading volume was abnormal, and the transfer records of several major wallets have already been locked in, showing obvious fund correlation.
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ShibaOnTheRun
· 12-11 08:41
Oh no, are you still struggling over whether to break 3180? I don't think now is really the time to go all in.
Wait, is the rate cut hype falling apart? That just shows there's not much momentum.
The key level at 3130 must be held, or else we'll really have to look at 3050. We'll see then.
Try a small position to test the waters, but don't go all in, it's exhausting.
Actually, just waiting for a clear signal; everything is too vague right now. Let's see how it goes.
If it breaks 2975, then run. You still need to have some discipline.
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GoldDiggerDuck
· 12-11 08:40
Hey, wait a minute. Why didn't the recent rate cut hype hold up yesterday? It's a bit suspicious.
Friends who went all-in might be feeling regretful now, haha.
If 3130 breaks, I'll exit. This level is indeed precious.
Let's wait for a confirmed signal, no need to rush.
See if 3230 can hold; otherwise, it might be a false breakout.
Based on the recent trend, the main strategy is still to look for short opportunities. Don't rush into bottom fishing—trying a small position is okay, but don't go all-in.
Key levels to watch: If the 3180 level breaks down, then look for short entries. There is solid support around 3130. If you want to go long, set a good stop loss here—small positions are enough. Conversely, the 3025 level on the left can also be considered for longs, but if it breaks below the strong support at 2975, stop-loss is necessary.
Looking upward, if we can see increased volume and stabilize above 3230, then the 3260-3300 range is worth expecting. Although yesterday’s early rate cut hype pushed through previous highs, it didn't hold, and prices retraced—that's quite telling.
3130 remains an important support level. If it breaks, pay close attention to the 3050 level. Honestly, the market hasn't shown a very clear signal to halt the decline yet, and the trend isn’t very clear. It’s advisable not to rush into action—wait and see until more definite opportunities appear.