2025-12-23 07:26:17

The recent market trend of BEAT has confused many people. The Bollinger Bands have opened up, but the price hasn’t surged upwards; instead, it is hovering around the middle band. To be honest, unless a large buy order suddenly comes in, it’s quite difficult to directly rebound to the resistance level of 4.35. A more realistic trend might be: first dip down a bit to see if the 3.0 defense line can hold.

From a technical perspective, the current situation is indeed not optimistic. The Bollinger Bands are narrowing, and the price has pulled back from the upper band towards the middle band. The position at 3.42 has become a short-term watershed for strength and weakness. The MACD fast line has crossed below the slow line, and green bars are starting to emerge, indicating a shift from bullish signals to bearish signals. The three RSI lines have turned downward from the overbought area, suggesting an increase in selling pressure. The three KDJ lines are stuck together, and the J value is also starting to turn, indicating a strong bearish sentiment.

Looking at a larger framework, after the previous wave of increases, we are now entering an adjustment period. The position at 4.5 is a strong resistance level, while 3.0 is a key support. Currently, it is oscillating around 3.6. The story of a short-term decline is not over yet; the probability of a sudden reversal up to 4.35 is low. A more likely scenario is that the market will first dip down, and 3.0 will become the focal point of the tug-of-war between bulls and bears. If it can stabilize here, there is an opportunity for a rebound after building a base; if it can't hold, it will have to continue to dip.

For trading advice, friends with heavy positions should not rush to add to their positions; let's see the performance around 3.0 first. Those with light or no positions can consider making small attempts around 3.0, but be sure to set a stop-loss and not think about going all in. During unstable market conditions, staying alive is more critical than how much you earn. In the short term, there are some overlooked details that may trigger a trend change, and tonight's market may experience unexpected fluctuations. How to respond specifically will depend on the real-time market reactions.

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MevSandwich

· 6h ago

Bollinger Bands are opening wide but not pushing up, this wave is indeed quite uncomfortable. I think 3.0 is the real critical threshold. Another fake breakout, really frustrating. If we can't hold above 3.0, it's over, and we'll continue to drop. Don't add to heavy positions, survival is more important. This repeated oscillation messes with the mindset, wait for signals before acting. I don't understand the significance of the 3.42 level, can someone explain? Hold a vacant position and observe, wait for the 3.0 test, setting a stop-loss is the most crucial. Feeling like something's going to happen tonight, need to keep a close eye on the market.

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DeFiChef

· 12-23 07:50

The Bollinger Bands are wide open but not pushing up, it's ridiculous, feels like we're going to test the 3.0 knife again. --- Those increasing their positions now are brave, I’ll wait to see if 3.0 can hold before making a move. --- Every time it’s said that it will rebound to 4.35, but it still dips down, this market is really unplayable. --- If 3.0 breaks, it’s game over, if it holds, there’s still hope. --- The MACD has already diverged, and the short positions signal is so obvious, I think it’s time to reduce position. --- Don’t go all in at once, staying alive is the key; this saying is really profound. --- When will this adjustment end? Feels like we’ll be grinding around 3.6 for a long time. --- I've heard too many talks about setting stop loss, but no one really executes it. --- A light position to test the waters at 3.0 is indeed possible, but I still don’t dare to move. --- There might be a market turning point tonight, so let's just wait and see.

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WhaleShadow

· 12-23 07:41

The Bollinger Bands opened up but didn't surge, which is ridiculous. The short positions signal flipped so quickly, we need to hold above 3.0. It's the same trap again, wait until we see the bottom before talking, don't waste time. When the MACD green bars emerge, it's time to reduce position, it's too late to say anything now. If 3.0 holds, I still have hope; if it breaks, I'll have to keep lying low. No matter how nicely it's put, it doesn't change the current flavor of short positions; being cautious is definitely the right call. A bunch of shuttles? Laughable, how many come out alive? There might be a market turning point tonight, but once it happens, nobody can say for sure, it all depends on how the market data plays out.

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