Recently, there have been interesting changes in the market trend. The increase in short data is a signal worth paying attention to. Regarding the upcoming trading strategy, I have summarized two main directions:



One is that if the price finds support around 3215, consider buying on dips with a target of 3295. Two is the opposite: if 3295 acts as resistance, there is also an opportunity to short down to around 3150. Of course, all these are based on the judgment of the current market rhythm—if there is a first wave of decline, the mindset leans towards bullish.

To be honest, relying solely on chart watching can easily lead to confusion caused by volatility. What I want to emphasize here is that buy-sell data is the key to determining the direction. Many people use robots to track these data changes, and I highly agree with this approach. You can combine these data indicators with your trading system to verify and see which strategies are most effective within your framework. Data speaks for itself; the key is how to use it well.
View Original
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.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
ShitcoinArbitrageurvip
· 21h ago
Data is one of those things. It sounds good, but in practice, it's easy to fall into traps. Relying on bots to track? I think you need to figure it out yourself first; otherwise, no matter how smart the tool is, it's useless. Between the ranges of 3215 and 3295, it seems there's a higher chance of repeated sell-offs? I like your approach, but I haven't fully bought into this bearish signal yet. A gradual decline followed by a rebound—whether this pattern can truly play out is the real key.
View OriginalReply0
GweiWatchervip
· 21h ago
Short sellers should indeed be cautious of this wave, as the levels at 3215 and 3295 are quite tightly controlled. I’ve always supported data-driven trading approaches; it's so easy to be fooled by charts. Using a robot to track long and short data is a good idea, saving the hassle of constantly monitoring the market. The downside target at 3150 is a bit uncertain; I feel the fluctuation range might be larger. The key is to understand which strategies within your trading framework are truly effective, otherwise all the data is useless. If this wave of decline continues, the bulls are indeed the main trend, but you should wait for confirmation signals before taking action. Data doesn’t lie, but the problem is most people simply don’t understand what it’s saying. I agree with the idea of buying on dips, but only if it truly hits the support level—don’t jump in too early. Machine-readable thinking is just the foundation; the real test is in disciplined execution, and most people fail at this part.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)