2026-01-17 14:34:19

Review of a certain cryptocurrency's market

Encountered setbacks while attempting to reach a historical high, followed by a clear downward trend. From the K-line pattern, a typical double top structure has formed — which is a relatively clear bearish signal from a technical perspective.

Based on this pattern, it is expected that the price may adjust downward to the support level around a market cap of 10 million. This level corresponds to an important previous support zone. If it continues to break downward, there may be further room for adjustment. From the perspective of overall supply and demand and market sentiment, the short-term rebound momentum seems insufficient.

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DegenWhisperer

· 2h ago

Double top has collapsed, now it's really testing psychological resilience... --- It's that double top theory again, every time they say it will fall to the support level, but what actually happens? --- No short-term rebound momentum, sounds like it's going to keep taking hits --- Whether the 10 million level can hold is the key; if it breaks, it's really over --- Poor supply and demand, bad sentiment—these times are the ultimate test of human nature --- Why is it always at the high point that a double top is recognized... Technical analysis is always lagging --- How long will this drop last? Can anyone provide a timeline? --- If it continues to break down, how much room is left? The fear of having no bottom is the hardest to bear --- With market sentiment so bad, there's no chance for a rebound --- If the support level doesn't hold, I'll just exit directly; I don't want to keep playing this game

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NFT_Therapy

· 2h ago

The double top has fallen, this time it's really going to retrace. Oh my, it's another technical bearish signal. Where's my position… Breaking below 10 million support will be the end, and I will really have to cut losses then. The rebound is weak, why is it always like this? After doing this for so long, I still can't get it right. I'm convinced.

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gas_fee_trauma

· 2h ago

Double top again, every time they say support level and then it breaks through anyway, numb to it now.

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RugDocDetective

· 2h ago

The double top is about to crash the market, now I have to buy the dip and wait to die.

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LiquidatedAgain

· 2h ago

Double top broke below 10 million? I’ve been liquidated right here… such a painful lesson --- Here we go again, those who didn’t hold their risk control points are now adding to their positions --- Wish I knew earlier, I would have gone all in to buy the dip --- Lending rates soaring, liquidation mechanisms are just waiting, don’t be too optimistic --- Where’s the promised support level? It’s always like this, keeps falling after breaking through --- I got wiped out on this double top last time, didn’t reduce leverage and got liquidated directly --- Weak rebound? Then keep falling, nothing strange about it --- Collateral ratio keeps decreasing, liquidation prices are becoming more dangerous --- Once again caught in a trap, this time I really need to stick to my risk control points --- Honestly, adding to positions in this pattern is just asking for death, I only realized after losing a lot

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MetaMuskRat

· 2h ago

The double top formation is definitely going to crash this time. I already said that this rally was just a trap to lure more buyers.

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MoneyBurnerSociety

· 3h ago

Double top again, time to review the failed experience... This time the loss was quite standard. --- 10 million support? Stop talking, my liquidation price is the target price. --- Insufficient rebound momentum? Bro, you're describing my contract account. --- Professional leek users say they've seen too many of these trends, each time they can lose in new ways. --- The moment it breaks below the support level is the moment I cut my losses. Experienced. --- Technical analysis is bearish, my fund analysis is even more bearish, mutually confirming each other. --- Supply and demand? To put it simply, I want to buy when I have no money, and when I have money, it drops.

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