The reversal signal on the daily chart has indeed appeared. Although there was some upward volume at the bottom, the current market liquidity is quite dry. With weak funding and lack of enthusiasm, no one really wants to take over positions, and there's a lack of institutional market-making support. The coin price is being passively manipulated along with the overall market, fluctuating up and down, lifeless like a walking corpse.
Of course, short positions need to be approached with a proper strategy and not just based on feelings. The key is to observe the candlestick patterns in conjunction with market volatility. When the index is adjusting, combine on-chain data performance and prioritize those assets showing bottom rebounds for shorting, which can improve the win rate.
Continue to position and track at this level; if there are targets of interest, follow up.
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RugpullSurvivor
· 3h ago
Liquidity exhaustion is really tough, feeling like there's no one to take over is the most despairing
Shorting also requires strategy, otherwise it's just a gambler's mindset
Let's wait for the market to adjust, there's too little movement now
This market trend is really boring to the point of explosion
On-chain data is the key, candlestick charts are the most deceptive
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CountdownToBroke
· 7h ago
All the institutions have run away, really no one to take over the position, how can it still rise?
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Just go short if you want to, anyway there haven't been any hot topics these days.
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With liquidity so dried up, I dare not chase.
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Wait for the correction before acting, what's the rush?
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That's right, don't just throw blindly, look at the pattern and data.
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Shorting after a bottom rebound? Feels like it's even easier to get caught in a trap.
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Walking corpses... Haha, really fitting, a market without vitality is truly uncomfortable.
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What to follow? Still need to wait until the institutions recover their funds.
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GateUser-a180694b
· 7h ago
Liquidity has gone to grandma's house, indeed no one is taking the bait. We'll see after institutions are full.
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RatioHunter
· 7h ago
Liquidity is indeed not great, but this reversal signal also isn't necessarily reliable; it depends on on-chain data.
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AXL's rhythm is too fast, too many bagholders, I'm still on the sidelines.
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Honestly, shorting also requires patience. Don't just sell at the top; wait for the correction point.
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Coins without institutional market-making support are really not interesting; they might still drop further.
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The rebound at the bottom is worth paying attention to, but it's a bit early to take action now.
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Calling it a zombie is not wrong; the overall market sentiment is indeed exhausted.
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Short positions need carefully selected targets; blindly reversing will only invite trouble.
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Seeing liquidity dry up like this is a bit upsetting just thinking about it.
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Wait for clear major market correction signals before following; selling early won't get a good price.
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ChainPoet
· 7h ago
Liquidity has been drained to this extent, who dares to buy? I think this wave is just institutions trapping retail investors.
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It sounds good to rebound and short, but I'm just worried it might be a sign of getting trapped again haha.
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The description of a zombie is spot on; that's exactly the current state of the crypto market.
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I agree that short positions should wait for the index, you can't just go in blindly.
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Bottom rebound stocks are good, but how to find them? On-chain data is indeed professional.
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AXL is definitely a cautious position now; greed should be avoided.
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It's true that market liquidity is weak; no one really wants to buy the dip.
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This correction feels like it's just beginning, continuing to be bearish is not wrong.
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Method matters when shorting; blindly throwing based on intuition is just asking for trouble.
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The support from institutional market making is gone; retail investors should not hold on stubbornly.
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SerRugResistant
· 7h ago
Liquidity has become so thin that there's really no way to play
Institutions have pulled back, how can retail investors hold on
#数字资产生态回暖 $AXL It's time to stop greed and turn bearish 💥
The reversal signal on the daily chart has indeed appeared. Although there was some upward volume at the bottom, the current market liquidity is quite dry. With weak funding and lack of enthusiasm, no one really wants to take over positions, and there's a lack of institutional market-making support. The coin price is being passively manipulated along with the overall market, fluctuating up and down, lifeless like a walking corpse.
Of course, short positions need to be approached with a proper strategy and not just based on feelings. The key is to observe the candlestick patterns in conjunction with market volatility. When the index is adjusting, combine on-chain data performance and prioritize those assets showing bottom rebounds for shorting, which can improve the win rate.
Continue to position and track at this level; if there are targets of interest, follow up.