2026-01-18 03:26:52

The recent market trend of CTK is indeed somewhat suppressed. The price has been encountering continuous sell orders around 0.272, with bearish sentiment clearly dominating. From the technical structure, the downtrend has already been established, and there are no obvious signs of a rebound in the short term.

Currently, the market's key focus is whether the bottom support can hold. On the technical side, 0.262 is a relatively important support level; if it breaks, there may be further downward space. Many traders are using 0.273 as a stop-loss point, with the target around 0.262.

The question is, can the bottom really stabilize? It depends on when buyers are willing to step in. At present, selling pressure remains quite heavy, and a turnaround will only occur if trading volume diminishes or clear signs of a stabilization appear.

CTK-0,06%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

24 Likes

Reward
24
10
Repost
Share

Comment

Add a comment

AirdropHarvester

· 01-21 03:17

It's dropping again. When will the bottom be... Feels like the buyers are all gone.

View OriginalReply0

MidnightTrader

· 01-20 07:42

0.262 If it breaks, I'll admit defeat. This wave of CTK really has no sucker.

View OriginalReply0

GateUser-a5fa8bd0

· 01-18 10:57

CTK has been really tough these days, stuck at 0.27 and unable to break through. Feels like the main force is dumping?

View OriginalReply0

ChainSherlockGirl

· 01-18 03:56

0.262 Can we hold this level? To be honest, I’ve looked at the on-chain data for a while and couldn’t see any signs of a buyer stepping in.

Big wallet addresses have been reducing their positions these days. Interestingly... despite the heavy selling pressure, there are still people daring to buy the dip. My personal guess is that those caught in the trap are praying for a rebound.

Based on my analysis, the next turning point depends on when the trading volume stops being so dead. Otherwise, it’s just more of the same bottom-breaking drama. To be continued.

View OriginalReply0

NFTRegretful

· 01-18 03:53

0.262 breaking is really the end, I bet it can hold.

View OriginalReply0

potentially_notable

· 01-18 03:48

0.262 can it really hold? To be honest, I don't quite believe it, the selling pressure is so strong.

View OriginalReply0

SatoshiChallenger

· 01-18 03:40

The irony is, every time they say "the bottom is stable," and what happens? The lesson from history: in 2018, they said the same thing, and then it was cut in half.

Data speaks for itself. How many times has the support level at 0.262 been broken? Yet here they are, seriously giving advice.

I'm not trying to argue; are buyers really taking over? Wake up, buddy. This is just self-hypnosis by the bagholders.

Wait, do you really believe that shrinking volume can save the market? Go check out the carcasses from the last cycle.

Interesting, another genius who is confident they can catch the bottom has appeared.

Actually, no one wants it. Don't give it such a fancy name like "support level."

View OriginalReply0

AirdropHunter9000

· 01-18 03:40

0.262 Once this level is broken, we're done. Now it's just a matter of whether there's a fool willing to take over.

View OriginalReply0

SandwichDetector

· 01-18 03:31

0.262 can it hold? I think it's uncertain. With such fierce selling pressure, we have to wait for a sucker to step in.

View OriginalReply0

ProtocolRebel

· 01-18 03:30

They're dumping again, CTK really is a scam.