2026-01-17 10:30:39

The recent trend has attracted attention. After the positive news of destroying 100 million tokens was released, the price instead continued to decline—nearly a 20% drop for the entire month, leaving many people puzzled. However, upon closer observation, a stabilization trend has emerged, making this level worth considering.

From a technical perspective, the situation is becoming interesting. Around 8 PM last night, a bottom divergence signal appeared on the four-hour chart. According to Chanlun logic, this could trigger a rebound on the daily chart. More importantly, the four-hour bottom pattern has been established, and the 30-minute chart also shows bottom divergence characteristics. The next step is to see whether tonight or early tomorrow morning will provide a secondary buy point on the 30-minute chart—once it appears, that will be a signal to enter.

From a trading strategy perspective, the approach is very clear:
• Entry zone: 5.30-5.33
• Target levels: 5.55 and 5.75
• Risk management: Stop loss below 5.05

Currently, the overall pattern is bullish. The main force's shakeout is nearing its end, and a pullback is an opportunity to add positions.

BTC4,3%

UNI3,83%

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MetaNeighbor

· 01-19 23:09

Destroying 100 million tokens instead causes a 20% drop, this logic is really amazing It's both Chan Theory and divergence again, I just want to know if this time it can really rebound The 5.3 level is a bit tempting, but let's first see if it can break 5.05 The main force's shakeout is almost over, so let's wait a bit longer and don't get caught in it

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LiquidityWitch

· 01-18 20:06

Destroying 100 million tokens actually caused the price to drop like this; the market is really a bit unreasonable.

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SatoshiLeftOnRead

· 01-18 19:45

Destroying 100 million tokens actually causes a drop in price, this logic is really clever haha

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SnapshotBot

· 01-18 03:03

Good news actually causes a sell-off, I'm tired of this routine.

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GasFeeSobber

· 01-17 11:00

The destruction of 100 million tokens resulted in a drop, this script is a bit outrageous... But the underlying divergence is indeed interesting. Can this rebound continue? It's been blocked for too long. The second buy in the Chan Theory sounds reliable, but I'm just worried it might be another story of a high-position chump. Try to get in on 5.3, anyway I'm already numb, let it fall if it will. Another shakeout? The main force's tactics are really clever. Why are so many people falling for it?

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GraphGuru

· 01-17 10:54

Burning 100 million tokens causes a drop? I've seen this trick too many times before.

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OnchainHolmes

· 01-17 10:53

Destroying so many coins and still falling, this move is really brilliant. The washout of UNI this time is quite intense, but the 5.30 level is indeed attractive. We're waiting for the second buy signal of the Chan Theory; let's see if it can be given by tomorrow morning.

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LayerZeroHero

· 01-17 10:44

Wait, destroying 100 million tokens causes a 20% drop? I've seen this trick way too many times.

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DeFiChef

· 01-17 10:41

Is it a bearish divergence and a second buy point again? Is this wave really going to rise?

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MoneyBurner

· 01-17 10:38

Destroying 100 million tokens instead causes a crash. I’m too familiar with this trick; the big players are just manipulating people this way. I entered the market on 5.30, I’ve bet on it. The bottom pattern has already appeared. If it doesn’t rebound this time, I’ll stream and eat my own poop.

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