#数字资产市场动态 Yesterday, the US stock market paused trading, and the market was basically fluctuating within a small range. Early this morning, Bitcoin and Ethereum unsurprisingly triggered a pullback — $BTC has already dropped 1200 points, and $ETH also fell by 60 points. This downward move is actually the profit-taking from the previous accumulation, and from a technical perspective, there are still some patterns to follow.
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.
11 Likes
Reward
11
4
Repost
Share
Comment
0/400
ImpermanentPhilosopher
· 5h ago
1,200 points drop, and the brothers are still shouting to buy the dip. I really have no temper left.
It's okay, just profit-taking, and the technicals look like a normal pullback.
I was asleep during this early morning wave; when I woke up, it was a red screen. This is my daily routine.
When the US stock market is closed, we are even more free; just waiting to see when BTC's second uncle will settle down.
Honestly, it's the same old story: missed the rise, and when it falls, I don't dare to buy. It's really frustrating.
View OriginalReply0
SatoshiChallenger
· 5h ago
It's "profit-taking," again. I can memorize this explanation. The ironic thing is that every time it drops, it's explained this way; when it rises, it's explained the same way. Truly the all-purpose excuse, right?
View OriginalReply0
ser_ngmi
· 6h ago
Profit-taking is happening, the old trick. Just waiting for the bottom to be in and to make a hardcore entry.
View OriginalReply0
MindsetExpander
· 6h ago
The idea of profit-taking has become so common that it’s worn out; it’s always the reason when prices fall.
---
Wait, 1200 points drop? I thought it was going to break the previous low.
---
Fell again in the early morning, why does this rhythm feel so familiar?
---
Is there a pattern? Then you should point me in a direction.
---
When the US stock market closes, we have to follow suit and fall; this manipulation is way too obvious.
---
Everyone analyzing the technicals is losing money; why am I still listening to this?
---
Profit-taking, technical analysis—these are the same tricks over and over.
---
$BTC What’s 1200 points? Just wait and see what happens next.
#数字资产市场动态 Yesterday, the US stock market paused trading, and the market was basically fluctuating within a small range. Early this morning, Bitcoin and Ethereum unsurprisingly triggered a pullback — $BTC has already dropped 1200 points, and $ETH also fell by 60 points. This downward move is actually the profit-taking from the previous accumulation, and from a technical perspective, there are still some patterns to follow.