From the daily chart perspective, the market has been declining, with consecutive bearish candles, and the price center of gravity is moving downward. The entire market is weak, and the bearish trend is quite clear.
Just by looking at the moving average system, you can feel how much pressure there is. The price is trading below EMA7, EMA30, and EMA120, with the three moving averages arranged from top to bottom, forming a pure bearish alignment. This structure indicates that any rebound will be suppressed, and the bulls have no room to counterattack. Each rebound is weakened further.
The MACD indicator also points to a bearish trend. The DIF and DEA lines below the zero axis are diverging downward, and the green bars are expanding continuously, which is a sign that the bearish trend is strengthening. From the indicator, there are no signs that the downward momentum is weakening. The daily bearish pattern is unlikely to change in the short term.
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ApyWhisperer
· 6h ago
The bearish alignment is so rigid, and the rebound gets hammered down. This rhythm is a bit brutal.
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LayerHopper
· 6h ago
The bearish alignment is so obvious, and the rebound gets wiped out instantly—it's really speechless. I wonder when the bottom will actually be reached.
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LayerZeroEnjoyer
· 6h ago
Another bearish alignment... I can't live through these days.
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ParanoiaKing
· 6h ago
Down again and again, this moving average arrangement is perfect. The bulls really have no way out.
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The bears are so strong that every rebound gets eaten. Feeling a bit exhausted.
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MACD green bars expanding, this momentum is still strong. Don't expect a turnaround in the short term.
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Three moving averages pressing down hard. This structure looks uncomfortable.
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The green bars keep expanding, indicating that the selling pressure hasn't eased yet. Continue to stay bearish.
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HashBard
· 6h ago
ngl this is just capitulation poetry at this point... three ema lines stacked like a hierarchy of pain, every bounce getting bled out before it even whispers hope. the macd divergence though? that's the narrative arc where bulls forgot their lines entirely
From the daily chart perspective, the market has been declining, with consecutive bearish candles, and the price center of gravity is moving downward. The entire market is weak, and the bearish trend is quite clear.
Just by looking at the moving average system, you can feel how much pressure there is. The price is trading below EMA7, EMA30, and EMA120, with the three moving averages arranged from top to bottom, forming a pure bearish alignment. This structure indicates that any rebound will be suppressed, and the bulls have no room to counterattack. Each rebound is weakened further.
The MACD indicator also points to a bearish trend. The DIF and DEA lines below the zero axis are diverging downward, and the green bars are expanding continuously, which is a sign that the bearish trend is strengthening. From the indicator, there are no signs that the downward momentum is weakening. The daily bearish pattern is unlikely to change in the short term.