What do you think about this wave of Bitcoin market? The price action has shown a clear change in pattern. I wonder what everyone's view is on the current trend. Should we continue to be bullish or be cautious of a pullback risk?
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SmartMoneyWallet
· 18h ago
Look at the on-chain data. Retail investors discussing technical patterns here are pointless; the big whales have already provided the answer in the distribution of chips.
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GateUser-40846585
· 12-18 11:40
Morphological change? What I'm seeing are the manipulator's tricks; this move is likely a trap to lure more buyers.
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DaoGovernanceOfficer
· 12-18 00:33
empirically speaking, all this "price action morphology" talk is just pattern recognition theater. show me the on-chain metrics actually backing this up, not vibes. the data suggests most ppl are just extrapolating from recent candles lol
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EntryPositionAnalyst
· 12-17 20:04
Shape changes are just that—changes. It still depends on trading volume to speak; otherwise, it's all empty.
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BlockTalk
· 12-17 19:54
Morphological change? It looks a bit uncertain to me. If this wave breaks the level, we’ll need to reduce our positions.
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just_here_for_vibes
· 12-17 19:52
Morphological change? What I'm seeing are the manipulator's tricks; this move is likely a trap to lure more buyers.
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MidnightSnapHunter
· 12-17 19:49
I'm saying, this wave of charts looks a bit subtle... The pattern changes are definitely there, but I'm more concerned about whether the volume matches up, otherwise no matter how beautiful the candlesticks are, it's all for nothing.
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UncleLiquidation
· 12-17 19:44
Coming to ask me again? I've already been out of the market watching the show. Shape changes are meaningless; it mainly depends on the dollar and macroeconomics. Don't always try to predict the trend, or you'll get your face slapped.
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MetaMuskRat
· 12-17 19:43
Morphological change? It looks like charging up to me, but who dares to say... Anyway, I'm completely trapped in this wave.
What do you think about this wave of Bitcoin market? The price action has shown a clear change in pattern. I wonder what everyone's view is on the current trend. Should we continue to be bullish or be cautious of a pullback risk?