The market has been fluctuating downwards in the past two days, but I do not believe there will be any overly pessimistic developments moving forward. Referring back to the trend on the 19th, I marked it as a key turning point for the second Rebound, and the rise in the following days has also validated the effectiveness of this judgment. Therefore, the two-day pullback we are seeing now is actually a normal technical correction.



The key issue is: the low point on the 19th is unlikely to be broken. With this point as support, the most likely scenario is a double bottom structure, or a head and shoulders bottom formation. The current suspense lies in whether there will be a rebound first before moving down to form a double bottom, or if it will directly continue to pullback to form the double bottom pattern.

But no matter how it goes, as long as you dare to come down and buy the dip, there is a chance to participate in the secondary rebound market. I am quite confident about the market trend in January and expect a relatively obvious rise at that time. Therefore, the current adjustment can be seen as a phase of accumulation before brewing a larger market.
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.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ForkItAllDayvip
· 5h ago
buy the dip is all it takes, as long as we defend that key point on the 19th, it's profit.
View OriginalReply0
NotGonnaMakeItvip
· 5h ago
Here we go again with the double bottom routine, every time they say it won't break, but what happens? Those who buy the dip are just dumb buyers, don't fool me. That low point on the 19th has already collapsed, you must not be watching the market. Let's wait until January, anyway, it's all about waiting, I'm going to sleep first. I'll observe this wave and wait to see clearly before taking action.
View OriginalReply0
0xOverleveragedvip
· 5h ago
The premise of making money by buying the dip is not to get trapped. --- Double bottom, inverse head and shoulders pattern, it's all nice talk, but it's just gambling. --- Is that point on the 19th really that solid? You seem quite confident in whatever you say. --- Instead of getting tangled up in whether it's a double bottom or an inverse head and shoulders pattern, why not think about where it really should be time to enter a position? --- The trend in January? It's still in a fluctuation phase and you're already drawing BTC. --- I've heard the phrase about the accumulation phase a hundred times, it's always said like this. --- If you dare to come down and buy the dip, just be afraid of buying the dip and ending up trapped, and then having to wait until January.
View OriginalReply0
StablecoinEnjoyervip
· 5h ago
The low point on the 19th is really solid; this pullback is just a Whipsaw. A double bottom or an inverse head and shoulders pattern works, anyway, just wait to buy the dip. I’m optimistic for January; the current adjustment is just building up energy.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)