Is this rally really the start of a proper bull run, or are we just seeing another relief bounce before the next leg down?
There's been a lot of noise lately. Veteran traders and analysts seem split on what's actually happening with the market direction. Some are calling for continuation higher, others are warning about exhaustion signals. The conflicting takes make it tough to gauge whether we're genuinely entering fresh upside or if bears still have control here.
Bigger picture: where do you reckon the market is headed right now? Are the fundamentals pointing to sustained bullish momentum, or should we be bracing for another drawdown? Would love to hear what people's actual conviction is on this.
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.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
ChainWallflower
· 01-10 22:21
Nah, this move feels like a scam against the bulls. History always repeats itself...
View OriginalReply0
MentalWealthHarvester
· 01-10 22:20
🔥ngl this rebound looks a bit weak, I tend to think it still needs to drop another round
Another routine, it's always the same cycle of getting cut again and again...
View OriginalReply0
OnchainHolmes
· 01-10 22:19
Bro, this wave is obviously a bear trap... Wait, let me check the candlestick chart again.
NG, the rebound this time is indeed quite strong, but I still feel something's off.
Honestly, there haven't been any fundamental changes, just a shift in sentiment. How long can this last?
Here we go again, a bunch of people shouting bullish, but when it comes to critical points, they flip... It was the same last year.
Dare to ask, can you really hold on? Or are you going to get knocked down again?
View OriginalReply0
ImpermanentPhilosopher
· 01-10 22:04
NGL, this rebound looks like a fake-out, a classic pump-and-dump scheme to lure in and sell off.
I really don't believe in any fundamental good news; on-chain data is clearly telling a different story.
Wait, is it still possible to jump in now?
Is this rally really the start of a proper bull run, or are we just seeing another relief bounce before the next leg down?
There's been a lot of noise lately. Veteran traders and analysts seem split on what's actually happening with the market direction. Some are calling for continuation higher, others are warning about exhaustion signals. The conflicting takes make it tough to gauge whether we're genuinely entering fresh upside or if bears still have control here.
Bigger picture: where do you reckon the market is headed right now? Are the fundamentals pointing to sustained bullish momentum, or should we be bracing for another drawdown? Would love to hear what people's actual conviction is on this.