Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#ETH巨鲸增持 Today, the market data was observed all day, and there is a quite obvious pattern:



At the opening, it surged quite strongly, but the momentum was insufficient. By noon, it couldn't break through the previous high for a long time; this kind of trend usually means a pullback in the evening.

So my judgment is - today still leans bearish. $BTC at the current position, it's better to be cautious.
ETH7.97%
BTC6.85%
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
  • 9
  • Repost
  • Share
Comment
0/400
OnchainHolmesvip
· 3h ago
Oh, why am I so familiar with this trap? If it doesn't break the previous high by noon, it's basically over.
View OriginalReply0
ETHmaxi_NoFiltervip
· 20h ago
It's the same trap again; it surges sharply at the opening and then loses momentum by noon. I've seen this too many times.
View OriginalReply0
TestnetFreeloadervip
· 23h ago
Well, not breaking through at noon is a signal, I've seen this trap too many times.
View OriginalReply0
AlphaBrainvip
· 23h ago
The opening was indeed fake, I noticed that too. I wanted to buy the dip at noon but ended up getting trapped, haha.
View OriginalReply0
FlatTaxvip
· 23h ago
If there was no breakthrough at noon, it was clear it was going to drop; I've seen this trap many times.
View OriginalReply0
retroactive_airdropvip
· 23h ago
This wave is indeed a trap of price turns lower after positive open. I was also watching around noon, but there wasn't much movement.
View OriginalReply0
CryptoNomicsvip
· 23h ago
lmao another "intraday momentum exhaustion" take... if you actually ran a correlation matrix on opening volatility vs. noon consolidation patterns, you'd see your thesis breaks down statistically. ceteris paribus, whale accumulation data contradicts your bearish bias here. just saying.
Reply0
SchrodingerPrivateKeyvip
· 23h ago
The opening surged but was weak, I've seen this trap many times... In the evening, I really have to guard against the pullback.
View OriginalReply0
0xSoullessvip
· 23h ago
It’s the same trap again, the market opens high and then pulls back, suckers follow the trend and chase the price, only to get played for suckers again in the evening. Whales are increasing their holdings while we are catching a falling knife; this game understands us too well.
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)