I just took a quick look at the real-time market, and the price has already fallen to 0.02118, which is a 30% drop below the previously mentioned 0.03 threshold. This is no longer just a numerical change; it indicates a fundamental shift in the balance of bullish and bearish forces.
**Several signals from the candlestick charts should not be ignored**
First, look at the Bollinger Bands, which are clearly widening, with the upper and lower bands expanding outward, and the yellow band continuously widening as it trends downward. This expansion pattern is a typical sign of accelerated decline, indicating increasing volatility.
What about the moving average system? Both short-term and long-term averages are now fully bearish. Short-cycle moving averages like EMA(30) have already crossed below, forming a death cross with the long-term averages. This signal couldn't be clearer.
The most painful point is that the price has effectively broken through the previous support at 0.025, which now acts as resistance. Once support is broken, the previous bottom turns into a pressure point.
The MACD indicator also tells a story. Both DIF and DEA are operating below the zero line, and the histogram is negative at -0.00044, indicating that the downward momentum shows no signs of weakening.
**Honestly, this is not just a normal correction**
Keeping an eye on the market, I have to give a straightforward judgment: this is a typical breakdown pattern. The price at 0.02118 has broken not only the technical support level but also the market's psychological defense line.
Looking at the price movement trajectory, it has been declining steadily from around 0.02170, with no significant rebound strength. This type of decline is clearly not a bottom test but a targeted downward extension.
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AirdropHarvester
· 2025-12-30 06:54
The death cross has appeared, this time it's really not just a simple shakeout.
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ZKProofEnthusiast
· 2025-12-30 06:53
The death cross has appeared, isn't that enough to break your heart... Once the support at 0.025 is broken, everything is over.
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InfraVibes
· 2025-12-30 06:47
Wow, 0.02118 broke through directly, and the death cross has appeared. Now we really need to find a new bottom.
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PonziDetector
· 2025-12-30 06:40
The death cross has appeared; is it really over now?
I just took a quick look at the real-time market, and the price has already fallen to 0.02118, which is a 30% drop below the previously mentioned 0.03 threshold. This is no longer just a numerical change; it indicates a fundamental shift in the balance of bullish and bearish forces.
**Several signals from the candlestick charts should not be ignored**
First, look at the Bollinger Bands, which are clearly widening, with the upper and lower bands expanding outward, and the yellow band continuously widening as it trends downward. This expansion pattern is a typical sign of accelerated decline, indicating increasing volatility.
What about the moving average system? Both short-term and long-term averages are now fully bearish. Short-cycle moving averages like EMA(30) have already crossed below, forming a death cross with the long-term averages. This signal couldn't be clearer.
The most painful point is that the price has effectively broken through the previous support at 0.025, which now acts as resistance. Once support is broken, the previous bottom turns into a pressure point.
The MACD indicator also tells a story. Both DIF and DEA are operating below the zero line, and the histogram is negative at -0.00044, indicating that the downward momentum shows no signs of weakening.
**Honestly, this is not just a normal correction**
Keeping an eye on the market, I have to give a straightforward judgment: this is a typical breakdown pattern. The price at 0.02118 has broken not only the technical support level but also the market's psychological defense line.
Looking at the price movement trajectory, it has been declining steadily from around 0.02170, with no significant rebound strength. This type of decline is clearly not a bottom test but a targeted downward extension.