Looking at the recent pullback performance, although the magnitude isn't large, the resilience is still there. The moving average support is quite obvious, and the signs of natural correction are relatively clear. From a technical perspective, there should be another good upward wave coming.
Previously, I had some doubts about the 98,000 level, thinking it might be the ceiling for the rebound. But after this round of correction and validation, I feel there is still a chance to continue upward. The past few days have indeed been a good window for building positions, and the trend reversal is happening during this period. If the weekend trend can stabilize, we should see clearer bullish signals next week. Currently, the position offers a good cost-performance ratio for going long.
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SatsStacking
· 01-19 23:16
I have also seen that level at 98,000, and now I feel the bulls still have a chance.
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As long as the moving averages hold up, this correction is indeed comfortable.
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Waiting for the weekend to set the tone. If it stabilizes, I will go all in.
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The window for building positions is probably these few days. What are you waiting for to buy the dip?
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I agree with the idea of strong resilience; the so-called rebound ceiling is all nonsense.
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The cost-performance ratio is indeed good, but we need to see if it can break the level next week.
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TrustlessMaximalist
· 01-19 15:26
The moving averages are holding up pretty well. This wave of correction indeed feels like a natural adjustment, not a collapse. The 98k level doesn't seem as intimidating anymore, indicating that there is still underlying strength.
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MysteriousZhang
· 01-19 06:21
I can't quite see through that level of 98,000 either, but this pullback does seem a bit like a shakeout. Keep holding what you have.
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TopBuyerForever
· 01-18 10:32
The moving average support is indeed strong this time; I really don't think 98,000 is the ceiling anymore.
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The pullback is so resilient that I'm actually more bullish.
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It's time to build positions again. This time, I won't buy in the middle of the hill.
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If it stabilizes over the weekend, next week might take off. I'm still undecided.
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I was hesitant before, but now it seems 98,000 should have broken through long ago.
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The cost-performance ratio is indeed good, but I still feel there might be another dip.
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The moving average support is so obvious; how much longer can the bullish signals last?
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The key is how it moves over the weekend; that will determine the rhythm for next week.
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This pullback is just a shakeout, trying to trick me into selling.
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98,000 was a slap in the face; I initially thought it was the ceiling.
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AirdropJunkie
· 01-17 16:33
The moving average support is so stable, I believe it too, increased my position.
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DecentralizeMe
· 01-17 16:32
That level at 98,000, I also feel a bit hesitant, but this wave of correction does have some substance; it seems like there's support at the bottom.
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Moving averages don't lie. The current position is indeed a good entry point; it all depends on whether the weekend can hold.
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To be honest, we still need to wait for confirmation over the weekend; otherwise, it's all just talk.
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Damn, this resilience is really impressive, much more than I expected it to withstand.
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Entry window? I hear you, but I still want to see how the weekend performs before making a decision.
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I think the 98K threshold can still be broken; bullish signals are becoming increasingly clear.
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That's what they say, but actual trading depends on how the order book moves; you can't rely solely on technical analysis.
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GasFeeSurvivor
· 01-17 16:29
I was also conflicted about that level at 98,000, but now that I see the moving averages are so stable, I really feel there's still hope.
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TokenomicsTinfoilHat
· 01-17 16:28
98000 that level I was also conflicted about, but looking at this wave of correction, it does seem interesting. It really feels like there is a chance.
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The moving average support really holds up; the key point is when it can break.
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If the weekend stabilizes, next week should be able to get excited. It's not too late to jump in now, right?
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Resilience is here, that's true. I'm just worried it might be a repeated cycle of tossing around.
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Entry window? Why am I still hesitating whether to invest or not, feeling timid.
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This round of adjustment has a pretty good cost-performance ratio, but it still feels like something is missing to truly break through.
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When will the bullish signals appear? I'm a bit anxious waiting.
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GateUser-a606bf0c
· 01-17 16:28
Alright, if the moving averages hold up, there is indeed a chance next week. I'm also waiting for this opportunity.
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MEVSandwichMaker
· 01-17 16:21
Moving average support, can 98k really be broken? I always feel this wave is a bit fake
The accumulation window is the accumulation window, but the feeling of not holding any coins is different haha
Stay steady this weekend everyone, or else you'll have to cut losses again next week
This technical outlook looks really good, but I still don't dare to go all in
Looking at the recent pullback performance, although the magnitude isn't large, the resilience is still there. The moving average support is quite obvious, and the signs of natural correction are relatively clear. From a technical perspective, there should be another good upward wave coming.
Previously, I had some doubts about the 98,000 level, thinking it might be the ceiling for the rebound. But after this round of correction and validation, I feel there is still a chance to continue upward. The past few days have indeed been a good window for building positions, and the trend reversal is happening during this period. If the weekend trend can stabilize, we should see clearer bullish signals next week. Currently, the position offers a good cost-performance ratio for going long.