Although Ethereum's price on December 30th only dropped 100 points and the rise and fall seem insignificant, with the support of automated trading tools, the entire market has become surprisingly clear. The current situation is interesting——both bulls and bears are in a state of confusion, neither launching fierce attacks in high-frequency trading, but instead both slowly testing the waters to increase positions. The real accelerated decline will have to wait for leveraged funds to come with another wave of temptation, triggering a chain reaction. At this stage, our strategy is to stay calm and observe, waiting for key levels to appear before opportunistically building positions. The market pace is slow, but opportunities are brewing in this dullness.
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LayoffMiner
· 12-29 19:50
What are you waiting for? It's already December 30th. New Year's Eve and the New Year are probably going to bring a wave of market movement. Let's wait and see if we can catch the bottom.
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ForkItAll
· 12-29 19:48
Testing the waters slowly? Ha, that's a nice way to put it. I think no one has the courage to act first; whoever steps out first will die faster.
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FancyResearchLab
· 12-29 19:46
Another market signal that "theoretically should be feasible," but the practical value is MIN, everyone. Luban No.7 is working again, are both sides testing the waters slowly? Honestly, it's probably because neither side has money left, waiting for leveraged funds to harvest the profits. I'll try this "opportunity in the dullness" first, maybe I'll end up locking myself inside again.
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FlashLoanPrince
· 12-29 19:41
This market rally is really stifling, with neither bulls nor bears feeling motivated, it feels like everyone is just waiting for leverage to kick in and cause trouble.
Wait, where are you currently positioned? Do you have a plan to add to your holdings?
Haha, being bored is also good, at least you don't have to watch the charts every day. Just take it as a health regimen.
There will definitely be opportunities; it all depends on who can hold out until that moment.
In this kind of market, it actually tests your resolve the most. Most people can't withstand it and end up making reckless moves.
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TradingNightmare
· 12-29 19:38
Uh, this wave has indeed been hard to bear. Only when the leveraged funds move will there be a chance.
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SchroedingerMiner
· 12-29 19:36
This market trend really can't hold up anymore. Both bulls and bears are pretending to be dead, waiting for leverage to come to the rescue.
Although Ethereum's price on December 30th only dropped 100 points and the rise and fall seem insignificant, with the support of automated trading tools, the entire market has become surprisingly clear. The current situation is interesting——both bulls and bears are in a state of confusion, neither launching fierce attacks in high-frequency trading, but instead both slowly testing the waters to increase positions. The real accelerated decline will have to wait for leveraged funds to come with another wave of temptation, triggering a chain reaction. At this stage, our strategy is to stay calm and observe, waiting for key levels to appear before opportunistically building positions. The market pace is slow, but opportunities are brewing in this dullness.