To be honest, the opportunity to pick up money is right in front of us. I choose to take a clear side based on the evidence rather than emotions. $VVV This reversal structure is handled rather poorly. The locked-in positions left behind near the high after the previous pull have now become a very real form of pressure. When we look at the chart, the volume fails to keep up with sustained follow-through, and the rebound strength is getting weaker and weaker each time. On the 4-hour timeframe, this pattern is a textbook sign of exhaustion. The hype around AI comes fast and goes just as fast. When market sentiment fades, capital will undoubtedly abandon assets without fundamental support.
I reviewed the prior moves: after each impulse-like surge, it has always been followed by a deep pullback. This time is likely no exception. The key support area is on the verge of collapsing. Once it breaks, below it will be a vacuum zone, making it hard for the bulls to organize effective resistance. When we calculate the risk-reward ratio, shorting clearly offers a much better value. It’s not that a rebound won’t happen—but even if there is a dead-cat bounce, the pressure from the dense overhead trading area above is not something that can be broken through easily.
In trading, we focus on trading with the trend. The structure is clearly bearish right now, so there’s no need to fight the market. Wait for this wave of sentiment to fully cool down; it’s only a matter of time before price returns to the mean. Don’t get distracted by short-term fluctuations—look at where we are in the bigger cycle. This bout of speculation is basically at an end. We’ll stay patient and let the market find its direction.
Gaze at the vastness of the mountains and seas, and observe the market’s subtle changes.
Travel together with Brother Xiong; witness gains and losses across the skies.
#VVV
Click below to trade 👇
I reviewed the prior moves: after each impulse-like surge, it has always been followed by a deep pullback. This time is likely no exception. The key support area is on the verge of collapsing. Once it breaks, below it will be a vacuum zone, making it hard for the bulls to organize effective resistance. When we calculate the risk-reward ratio, shorting clearly offers a much better value. It’s not that a rebound won’t happen—but even if there is a dead-cat bounce, the pressure from the dense overhead trading area above is not something that can be broken through easily.
In trading, we focus on trading with the trend. The structure is clearly bearish right now, so there’s no need to fight the market. Wait for this wave of sentiment to fully cool down; it’s only a matter of time before price returns to the mean. Don’t get distracted by short-term fluctuations—look at where we are in the bigger cycle. This bout of speculation is basically at an end. We’ll stay patient and let the market find its direction.
Gaze at the vastness of the mountains and seas, and observe the market’s subtle changes.
Travel together with Brother Xiong; witness gains and losses across the skies.
#VVV
Click below to trade 👇