Midday Observation: Last night, the market experienced another wave of volatile dips. BTC was relatively resilient, while ETH, BNB, and SOL saw significantly deeper declines. However, ETH and BNB still performed fairly steadily, rebounding just as they touched the second support zone.
This round of correction was actually expected—a proper pullback was due after a period of gains. Now it seems that the previously identified correction window has indeed appeared, and the position basically matches the forecast. Next, we'll watch to see if these coins can hold their support levels; if they do, there will be more opportunities to play in the future.
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ZenZKPlayer
· 12-05 17:37
The key is whether this support level can hold; otherwise, we'll have to keep testing lower.
ETH is showing pretty strong resistance, even stronger than I expected.
SOL is dropping so hard, that's interesting.
As long as the pullback is within expectations, it shows my previous judgment was still reliable.
Now it's all about whether it can rebound from here.
BTC is still as steady as ever, while the other coins are following too aggressively.
Bouncing right off the support level—now that's some skillful trading.
If this level doesn't hold, we might have to revisit the bottom again.
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OnchainHolmes
· 12-05 09:58
As long as the support level holds, things will get interesting. The strength of this ETH rebound is pretty good.
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LiquidationWatcher
· 12-05 09:58
Whether the support level can hold still depends on the trading volume in the next two days; it's too early to say now.
SOL dropped pretty sharply this time, feels like it was smashed through.
BTC's resilience to the drop is quite interesting, feels like some big players are supporting the price.
I just want to know what happens if it can't hold; will we break another support?
ETH's rebound is a bit weak, not enough volume.
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SellTheBounce
· 12-05 09:58
Sell on the rebound; that's the only truth I've learned in my life so far.
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Hit the support level again? I bet the next one will always be lower.
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Holding steady at the support? Ha, that's just a bagholder's dream.
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If it goes up, it should go down—that logic is fine, but you need to ask how low it can go.
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ETH and BNB seem stable? I think it's just that they haven't really dropped yet. Be patient.
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Just because something is expected doesn't mean it's guaranteed; the market loves to fool those with expectations.
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Is there more play after holding the support? More like there's more loss.
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Last night's volatile dip—I only saw meat moving on the chopping board.
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BTC being resistant to drops doesn't mean the bottom is in; you have to think about that the other way around.
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Retracement window aligns with the position? All historical data is hindsight wisdom.
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LayoffMiner
· 12-05 09:56
Another nerve-wracking moment last night, but BTC is still tough as ever.
The key question is whether the support level can hold.
ETH and BNB are rebounding well, keeping a close eye on them.
Life is like a play, and crypto is even more dramatic—I’m betting they can hold on.
Trying to predict the market every day is truly exhausting.
This dip was definitely part of the script; I’ve said all along that a correction was coming.
If the support breaks, I’m out—no fancy tricks.
BTC is the big boss, and the others just follow its lead.
The rebound is here again; let’s see if this move can become legendary.
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governance_lurker
· 12-05 09:51
Support levels are such a joke. Every time they say it's holding, then a sudden crash catches you off guard.
Why does ETH always drop harder than BTC? I really don't get it.
This retracement window is just ridiculous. Feels like I'm always wise after the fact.
Holding the support level? Heh, there's always more to come—I'm tired of hearing that.
SOL got hit again. This coin is really tough.
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RektCoaster
· 12-05 09:47
Hi hi hi, the support level is really holding strong here, let's see if it can hold.
Same old story... I've seen through it long ago, just buy when it dips to the right spot.
ETH is still so tricky, always has to stir up some drama every time.
Hold steady? Ha, I bet it'll get volatile again this afternoon.
Who can predict this thing accurately... I sure can't.
I saw this pullback opportunity too, just didn't have the guts to buy in haha.
If the support doesn't hold, just wait for the next one.
Midday Observation: Last night, the market experienced another wave of volatile dips. BTC was relatively resilient, while ETH, BNB, and SOL saw significantly deeper declines. However, ETH and BNB still performed fairly steadily, rebounding just as they touched the second support zone.
This round of correction was actually expected—a proper pullback was due after a period of gains. Now it seems that the previously identified correction window has indeed appeared, and the position basically matches the forecast. Next, we'll watch to see if these coins can hold their support levels; if they do, there will be more opportunities to play in the future.