Price crashed through the lower boundary of the range on heavy volume. The most devastating thing about the market is never the sell-off itself, but the complete absence of aggressive buyers below.
Price broke down, continuing the downward momentum from the previous move. The bulls couldn’t put up even a decent fight to pull the price back into the range, and were pinned firmly below the lower band, unable to move.
Many people are always in the habit of betting on an oversold bounce at the edges of a range. But a high-volume breakdown, with buyers nowhere to be seen and momentum continuing in the same direction, is never a fakeout shakeout—it’s an acceleration in the direction of the bearish trend. Support has completely disappeared. Until there’s real money stepping in to provide a floor, blindly buying the dip is like trying to catch a falling knife with your bare hands.
#比特币反弹至8.3万美元 #HYPE $HYPE
#US $US
#比特币反弹至8.3万美元
👇
Price broke down, continuing the downward momentum from the previous move. The bulls couldn’t put up even a decent fight to pull the price back into the range, and were pinned firmly below the lower band, unable to move.
Many people are always in the habit of betting on an oversold bounce at the edges of a range. But a high-volume breakdown, with buyers nowhere to be seen and momentum continuing in the same direction, is never a fakeout shakeout—it’s an acceleration in the direction of the bearish trend. Support has completely disappeared. Until there’s real money stepping in to provide a floor, blindly buying the dip is like trying to catch a falling knife with your bare hands.
#比特币反弹至8.3万美元 #HYPE $HYPE
#US $US
#比特币反弹至8.3万美元
👇