#大户持仓变化 PTB has been quite volatile these days, rising from a bottom of 0.002860 to the current 0.005467, a violent surge of over 80 points. However, it was pushed down again after reaching 0.006347, forming a clear V-shaped top on the 4-hour chart.
The problem is that this wave of increase was too aggressive, draining the bulls' momentum in a short period. Now, there are short-term profit-taking sell-offs everywhere, and the technical rebound space is tightly constrained.
Looking upward, the 0.00590 to 0.0060 range is a tough nut to crack and hard to break through. Looking downward, the key support is at 0.00500 to 0.00520, which was a consolidation zone during the previous rally, with very dense chips. If this level is broken, there is room to fall to 0.00430 to 0.00450 below.
In this scenario, when the rebound reaches the 0.00580 to 0.00610 zone, consider gradually opening short positions. Set the stop-loss above 0.00645, and target the 0.00520 to 0.00550 range. If the price breaks through 0.00500 directly, don't hesitate—go light on shorts and look for a further decline below 0.00450. $PTB
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.
13 Likes
Reward
13
8
Repost
Share
Comment
0/400
ContractBugHunter
· 2h ago
Haha, after the V-shaped top, it's a straight down. This wave really drained the blood hard, the bulls are truly out of bullets.
View OriginalReply0
DegenWhisperer
· 12-16 11:20
Another quick surge and crash show, it's exhausting to watch. Short-term trading is deadly.
View OriginalReply0
LowCapGemHunter
· 12-16 11:18
Haha, 80 points dropped straight back, the bulls really can't beat the whales. I'm just waiting for it to drop to 0.005, this time I'll short it.
View OriginalReply0
BTCBeliefStation
· 12-16 11:15
What does an 80-point violent surge indicate? It suggests that big players are offloading. Currently, the chips are concentrated, just waiting for the bagholders to come in. I'll still wait for it to drop to 0.005 before taking action.
View OriginalReply0
CryptoDouble-O-Seven
· 12-16 11:14
At 80 points, it attracted people, but a wave of pullback immediately slapped the face. It's a classic trap of false breakout.
View OriginalReply0
governance_lurker
· 12-16 11:12
I've seen this V-shaped top pattern many times, just worried about a rebound that could shoot to the sky. If you're not careful with your stop-loss, you'll get hit with a liquidation.
View OriginalReply0
gas_guzzler
· 12-16 11:07
A typical run-up market, this wave clearly involves the main force accumulating shares and then pushing the price up through coordinated trades. The bulls were lured into a trap... The room for growth isn't large; you should sell on the rebound.
View OriginalReply0
LiquidityHunter
· 12-16 11:05
Discovered an arbitrage gap while monitoring at 3 AM... The liquidity depth in the densely packed chip zone of 0.00500-0.00520 is worth examining. After a violent surge of 80 points, the bloodshed was so intense, and the slippage must be huge. DEX data should be able to detect anomalies.
#大户持仓变化 PTB has been quite volatile these days, rising from a bottom of 0.002860 to the current 0.005467, a violent surge of over 80 points. However, it was pushed down again after reaching 0.006347, forming a clear V-shaped top on the 4-hour chart.
The problem is that this wave of increase was too aggressive, draining the bulls' momentum in a short period. Now, there are short-term profit-taking sell-offs everywhere, and the technical rebound space is tightly constrained.
Looking upward, the 0.00590 to 0.0060 range is a tough nut to crack and hard to break through. Looking downward, the key support is at 0.00500 to 0.00520, which was a consolidation zone during the previous rally, with very dense chips. If this level is broken, there is room to fall to 0.00430 to 0.00450 below.
In this scenario, when the rebound reaches the 0.00580 to 0.00610 zone, consider gradually opening short positions. Set the stop-loss above 0.00645, and target the 0.00520 to 0.00550 range. If the price breaks through 0.00500 directly, don't hesitate—go light on shorts and look for a further decline below 0.00450. $PTB