The wave of retracement opportunities for #美联储降息 $WET has been overlooked by many.



From a technical perspective, after this round of adjustment, WET retested around 0.20, forming a clear support. Many institutions have quietly started to position at this price level, accumulating strength for the next upward move. This kind of low-level accumulation rhythm is actually quite common—the project teams and large holders often hold their positions at key support levels.

For traders, this is a test of patience. $XRP and $SOL have recently shown similar bottom stabilization characteristics. Although the Fed's rate cut expectations are still fermenting, the technical support for these mainstream coins is relatively solid. Bottom-fishing and waiting for subsequent rebounds should be the current reasonable strategy.
WET-0.52%
XRP-3.31%
SOL-4.81%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
UnruggableChadvip
· 36m ago
The 0.20 level is a bit too tempting; if institutions don't push the price up, I might consider bottom fishing.
View OriginalReply0
governance_lurkervip
· 12-16 13:20
Didn't even dare to get in at 0.20, now I regret it to death...
View OriginalReply0
SatoshiHeirvip
· 12-16 13:19
It should be pointed out that your narrative of "accumulating at low levels" was already debunked by the community in 2017. On-chain data shows that institutional positioning ≠ necessarily lead to a price rebound; this is a typical case of post hoc fallacy.
View OriginalReply0
LiquidatedNotStirredvip
· 12-16 13:17
Is the 0.20 support level really that solid? Why do I feel like institutions are just诱多?
View OriginalReply0
GamefiHarvestervip
· 12-16 13:14
0.20 is really a sniping position, I've already been lurking.
View OriginalReply0
liquiditea_sippervip
· 12-16 13:12
0.20 is indeed the support level there, but I think instead of waiting for a rebound, it's better to see how the fundamentals look.
View OriginalReply0
ser_ngmivip
· 12-16 12:52
0.20 this level is indeed interesting, but to be honest, I'm somewhat skeptical about institutional layout. I didn't follow this WET move; I'm still watching XRP and SOL's trends, as they seem more stable. I've heard too many times about accumulating at low levels, but in the end, most people get trapped.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)