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Don't remind me again today

#加密市场回调 There are renewed rumors of a Fed rate cut, and market sentiment is starting to get restless. The recent trends of $BTC and $ETH are quite intriguing.



First, let’s talk about the bigger picture—over the next two weeks, the US stock market may face triple pressure, and this timing coincides with a seasonally weak period, so liquidity isn’t looking optimistic. Although various sources of capital are bullish, treating a rate cut as a major positive, I have to remind you: when the market can see the news, it’s usually already priced in.

You know how data works—a slight adjustment can cause wild market swings. Retail investors, make your own judgments.

Back to trading itself. On Tuesday, my short positions on BTC and ETH got stopped out—I won’t shy away from this. I don’t brag when I’m right, nor do I hide when I’m wrong—there are no gods in the market, and certainly no perpetual winners. Admitting mistakes is the first lesson for survival.

From a technical perspective, the short-term trend is indeed bullish. But if you look closely, there are issues: trading volume keeps shrinking, a bearish evening star has appeared on the candlestick chart, and RSI is already in the overbought zone. All these signals suggest that upward momentum is actually running out.

Although short-term moving averages are in bullish alignment and a golden cross has appeared, the divergence between price and volume is too obvious, and this kind of rally lacks sustainable support. The pressure for a pullback could materialize at any time.

Specific trading ideas: For BTC, watch the 94,500-95,000 area for short opportunities; if it breaks through 96,500, consider re-entering, with targets at 92,800-91,000. If the downtrend continues, further watch 90,000-89,000. For ETH, you can try shorting at 3,150-3,180, with short-term support at 3,050-2,980. If it effectively breaks below, look to the 2,900 level. Set stop-losses flexibly according to your own position sizes.

The market changes in an instant—manage your risk and wish you all successful trading. $BTC $ETH
BTC1.38%
ETH3.96%
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AlphaWhisperervip
· 13h ago
The loss on Tuesday was really painful, but this guy is right—only a true warrior would dare to chase longs when the divergence between volume and price is so obvious.
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OnchainUndercovervip
· 13h ago
It’s no big deal to get exposed on Tuesday, that’s just how the market is.
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SingleForYearsvip
· 14h ago
Looks like another psychological battle for BTC again. Divergence between volume and price is definitely something to watch out for. --- I'm numb from all these rate cut rumors. Can you really trust anything that's reflected in the price action? --- I got stopped out just like you on Tuesday, now I don't even dare to short casually. --- Evening star plus overbought, this combo is really prone to failure. Need to see if trading volume follows up. --- You can't fix your stop-loss position rigidly; the market changes too fast. --- Daring to chase a bullish alignment when the capital flow isn't optimistic, that's something. --- I've noted down the 94500 short, but this time I'll be smarter and strictly follow risk control. --- Every time there's a divergence between volume and price, the market still gets pulled up hard in the end. I just can't learn this. --- The market changes in an instant, and so does your wallet.
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gas_fee_therapyvip
· 14h ago
The divergence between volume and price is so obvious and you still dare to go long? That's just willingly getting rekt like a noob. --- Got stopped out on Tuesday too. Feels like this market is just harvesting people's fantasies right now. --- The rate cut speculation is old news—it's already been priced in, but you're all still discussing it. --- RSI is overbought and people are still calling for a bull run? Wake up, everyone. --- The moment my stop loss got hit, I knew this rebound was just a fake-out. --- A bearish evening star pattern has already formed—can't you see it's about to drop? --- Shrinking trading volume is always a warning sign; even a bullish MA crossover can't save it. --- I appreciate that you're not hiding your mistakes, but all the technical signals are saying the opposite. --- Seasonal weakness, data manipulation—whatever the reason, anything works as an excuse when the market drops. --- You can listen to talk about golden cross MAs, but divergence between volume and price is what really matters.
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PessimisticLayervip
· 14h ago
Haha, I also got stopped out on Tuesday, I know that feeling, we're all in the same boat. The rate cut has probably been priced in a long time ago, the liquidity situation really doesn't look good. The divergence between volume and price is so obvious, it's hard to say how long this can hold up in the short term.
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