Has the month-long bear market ended? Can we start showing off again... I didn't think 58000 could break; not only did the second sell not break the downtrend, but if a third sell comes out, I also think the probability of breaking is not very high. #binance
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K线教主宝宝
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New Year market? Why might this time be different?
1. From the 3D line, we see the construction of a second central axis. According to the trend, a perfect completion requires a three-sell down, but in the past few years, there have often been instances of a three-to-two situation. In the short-term groups, several occurrences have even been experienced, so even if there is a further decline, the depth will still be limited.
2. On February 6, the K released a huge volume far exceeding 10.11. Large-scale turnover often appears during the gradual bottoming process.
3. The return of market makers brings improvement in liquidity. Personally, I felt the slippage decrease even when shorting recently. It may be a special phenomenon of the currency, but the confidence returning with this wave of rise will likely improve overall liquidity.
Other retail investor sentiment indicators are subjective, such as negative fee rates, or the already formed short-selling mindset in live comments, etc.
$BTC
1. From the 3D line, we see the construction of a second central axis. According to the trend, a perfect completion requires a three-sell down, but in the past few years, there have often been instances of a three-to-two situation. In the short-term groups, several occurrences have even been experienced, so even if there is a further decline, the depth will still be limited.
2. On February 6, the K released a huge volume far exceeding 10.11. Large-scale turnover often appears during the gradual bottoming process.
3. The return of market makers brings improvement in liquidity. Personally, I felt the slippage decrease even when shorting recently. It may be a special phenomenon of the currency, but the confidence returning with this wave of rise will likely improve overall liquidity.
Other retail investor sentiment indicators are subjective, such as negative fee rates, or the already formed short-selling mindset in live comments, etc.
$BTC