YB's recent trend is worth paying attention to. From the four-hour chart, the price is under pressure around 0.405, and the selling pressure above is indeed significant. Here, I observe an interesting phenomenon: the candlestick has formed a clear pin bar pattern, with limited rebound strength after retesting, indicating that buying momentum in this zone is not very strong.
The support level below is relatively weak; once broken, it may continue to decline. Based on volume and position, signs of large funds offloading at high levels are quite evident. If the price continues to fall, it may form a mid-term retracement, or even a larger downward move.
The key now is to see whether the current support can hold; otherwise, the risk remains considerable. Traders need to closely monitor the performance at this level.
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StablecoinAnxiety
· 12-27 17:53
Is there still someone buying the dip when such obvious signs of large capital dumping are present? Laughing to death
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The rebound from the pin-shaped pattern is limited; it looks like it's going to start falling now
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Once the support breaks, it feels like it's going to collapse. Need to keep a close watch
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Why does 0.405 feel so fragile? Why are the buy orders so weak?
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A continuation of the correction or a direct plunge, it seems like we’ll know in the next couple of days
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Once again, large capital is dumping, retail investors are about to get cut again
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Why do I always get trapped when selling at high levels?
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If the support can't hold, it's over. The risk is indeed there
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GasWaster
· 12-26 19:50
Still stubbornly holding at 0.405 again. Seeing the buying strength so weak, I knew something was going to happen.
Big funds have already exited, and we're still watching the K-line here?
That needle insertion operation was really disgusting. The lack of rebound just shows that the selling pressure is too strong.
Once it breaks below the support, I bet it will keep going in a continuous downtrend, and that's when it gets exciting.
Instead of staring at this level, it's better to just go short directly for a more satisfying move.
View OriginalReply0
NFTragedy
· 12-26 19:49
Big funds are playing tricks again, it feels like the 0.405 level is about to break.
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WagmiOrRekt
· 12-26 19:46
Big funds are selling off so obviously, and yet they still dare to hold at 0.405. It feels like it's about to explode.
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GasFeePhobia
· 12-26 19:41
The pin was pushed down, and the buying pressure is indeed very weak. The signs of large investors offloading are too obvious.
View OriginalReply0
RuntimeError
· 12-26 19:39
Big funds are selling off so obviously, yet it's still holding at 0.405. Laughable. Should have already sold.
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EthSandwichHero
· 12-26 19:32
With such obvious large capital outflows, aren't you leaving? The 0.405 level feels a bit risky.
YB's recent trend is worth paying attention to. From the four-hour chart, the price is under pressure around 0.405, and the selling pressure above is indeed significant. Here, I observe an interesting phenomenon: the candlestick has formed a clear pin bar pattern, with limited rebound strength after retesting, indicating that buying momentum in this zone is not very strong.
The support level below is relatively weak; once broken, it may continue to decline. Based on volume and position, signs of large funds offloading at high levels are quite evident. If the price continues to fall, it may form a mid-term retracement, or even a larger downward move.
The key now is to see whether the current support can hold; otherwise, the risk remains considerable. Traders need to closely monitor the performance at this level.