$SPORTFUN
This setup—looks like it’s being ground down, but actually it’s the pattern of distribution from a high level.
Once good news comes out, it can’t be pushed higher; when it pokes back down and then quickly retracts—this isn’t the main forces accumulating, it’s thin orders propping up the facade. If a real, substantial sell order comes, the support can’t hold for even a moment.
Most people see the long lower wicks and think the bottom is in and they should go catch a falling knife. Those who understand the board watch instead for—failed rebounds past the prior high, no volume picking up, and an “unlocking” that ends up pressing down over the top.$BTC
$ETH
#Zcash现货ETF首现周度净流出9360万美元 #比特币冲击8.7万美元遇阻回落 #美联储10月加息概率降至17%
This setup—looks like it’s being ground down, but actually it’s the pattern of distribution from a high level.
Once good news comes out, it can’t be pushed higher; when it pokes back down and then quickly retracts—this isn’t the main forces accumulating, it’s thin orders propping up the facade. If a real, substantial sell order comes, the support can’t hold for even a moment.
Most people see the long lower wicks and think the bottom is in and they should go catch a falling knife. Those who understand the board watch instead for—failed rebounds past the prior high, no volume picking up, and an “unlocking” that ends up pressing down over the top.$BTC
$ETH
#Zcash现货ETF首现周度净流出9360万美元 #比特币冲击8.7万美元遇阻回落 #美联储10月加息概率降至17%
