In the previous market analysis, it was mentioned that the price point of 97,900 is basically the peak of that rally. The subsequent trend naturally returned to the correction zone, and 95,700 indeed fell.
From the candlestick pattern, the current trend is somewhat similar to the small oscillation during yesterday's daytime. On the 30-minute chart, it has entered a phase of consolidation and accumulation.
Where are the main positions currently trapped? Mainly at 94,500 and 92,500. These former resistance levels have now turned into support.
From an operational perspective, the 1-hour chart shows a weak trend, which is a clear signal. However, combined with the oscillation and accumulation pattern on the 30-minute chart, it actually gives us an opportunity — to wait for the 30-minute indicator to release space, while observing whether the 1-hour chart follows with a bearish signal. Once both cycles show downward signals, the critical support at 95,700 may be broken.
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GreenCandleCollector
· 17h ago
97,900 peak really can't be missed. Now it's just waiting for the 30-minute signal release, only acting after two-cycle resonance.
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SandwichDetector
· 17h ago
97,900 has topped out, and it's clear it will drop. Now it's all about whether 95,700 can hold. Feeling uncertain.
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ForkMaster
· 17h ago
I know this trick too well, 94500 and 92500 are intentionally left by the project team as trap levels, waiting for you to buy the dip.
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MidnightTrader
· 17h ago
It's the same pattern again, 30 minutes of accumulation, 1 hour of weakness, feeling like I'm waiting for signals to follow every day... That 92,500 level was broken through long ago.
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YieldWhisperer
· 17h ago
nah this support/resistance flip is textbook, seen it a thousand times. here's the thing tho—the math on those timeframe confirmations? doesn't actually check out the way they're describing it. the whole "two cycles align = breakdown" narrative is classic death spiral language i've tracked before. actually skeptical these levels hold
In the previous market analysis, it was mentioned that the price point of 97,900 is basically the peak of that rally. The subsequent trend naturally returned to the correction zone, and 95,700 indeed fell.
From the candlestick pattern, the current trend is somewhat similar to the small oscillation during yesterday's daytime. On the 30-minute chart, it has entered a phase of consolidation and accumulation.
Where are the main positions currently trapped? Mainly at 94,500 and 92,500. These former resistance levels have now turned into support.
From an operational perspective, the 1-hour chart shows a weak trend, which is a clear signal. However, combined with the oscillation and accumulation pattern on the 30-minute chart, it actually gives us an opportunity — to wait for the 30-minute indicator to release space, while observing whether the 1-hour chart follows with a bearish signal. Once both cycles show downward signals, the critical support at 95,700 may be broken.