#GateLive Space: Voice Chat on Crypto Trends! 1. Market Manipulation Around Key Levels:

The market’s inability to break below 90,000 reflects the presence of manipulation. Institutions and "dog manipulators" aim to trap retail traders who expect further drops.
The critical level at 9.1k serves as a strategic point for friction and liquidation of contracts, as it aligns with traders' expectations of bearish continuation.
2. Short-Term Consolidation:
The current phase is a washout or consolidation to eliminate weak hands and reset positions. This is part of the preparation for a larger move, likely upwards.
3. Sentiment and Future Potential:
The intensified "wash" during this stage builds potential for a stronger market move during significant events, such as the Spring Festival, when retail enthusiasm may peak.
4. Spot Market Opportunities:
Despite volatility, the AI and meme sectors are flagged as areas to monitor, suggesting potential for recovery or significant gains.
5. Cautious Optimism:
While 99% of traders expect a deeper drop below 90,000, the contrarian view (Lao Jiu’s perspective) suggests resistance at this level, with friction and liquidations likely continuing until at least the 18th.
Key Takeaways for Traders:
Be wary of market traps around psychological levels like 90,000.
Use this phase to identify opportunities in resilient sectors like AI and meme coins.
Expect significant moves around major events (Trump market, Spring Festival), potentially driven by retail enthusiasm.
Maintain discipline, as this consolidation phase could last until mid-month before resolving directionally.
#GateLive Space: Voice Chat on Crypto Trends!