#比特币对比代币化黄金 I've been keeping an eye on $BOB's recent performance, and to be honest, it's not looking too good.
The price has been consistently declining, and this kind of slow, grinding drop is the most torturous. The key level is 0.02; from a technical perspective, it looks likely that it won't hold. If it breaks below, based on previous patterns, there's still more downside ahead.
So I've already opened a short position. It's not a large position—just a tentative move. If it really breaks below 0.02, I might consider adding to it. After all, when the market is weak, going with the trend is usually more rational than trying to fight it.
Of course, this is just my personal opinion. The crypto market changes so fast, any prediction could be proven wrong. Everyone should make decisions based on their own risk tolerance.
$BTC $ETH have also been pretty weak lately, and the overall market sentiment is cautious, which could be one of the factors behind BOB's weakness.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
8
Repost
Share
Comment
0/400
GateUser-1bd29a6f
· 10h ago
If 0.02 can't hold, you really need to be careful. Going all cash this round was definitely the right move.
View OriginalReply0
DeadTrades_Walking
· 12-05 10:30
If 0.02 can't hold, you really need to be careful. Going all cash this round was definitely the right move.
View OriginalReply0
GasFeeCryBaby
· 12-05 10:30
Staying out of the market and betting on weakness is a sound strategy—you just have to withstand the FOMO when watching others catch the rebound.
View OriginalReply0
BasementAlchemist
· 12-05 10:29
If 0.02 can't be held, then it's completely hopeless. BOB is really underperforming.
View OriginalReply0
NftDeepBreather
· 12-05 10:27
If 0.02 can't hold, you really need to be careful. Slow losses are the most painful.
View OriginalReply0
0xSleepDeprived
· 12-05 10:23
Whether 0.02 will be broken depends on when the overall market recovers. Otherwise, no matter how much you add to your empty positions, it’s all for nothing.
View OriginalReply0
LightningAllInHero
· 12-05 10:20
Slowly cutting losses is really brutal. Watching this BOB price action is just painful. I'm holding no positions and just watching for now. Once it breaks 0.02, I'm ready to short. Can't seem to change my gambler's mentality.
View OriginalReply0
ForkItAllDay
· 12-05 10:18
The slow grind down is really brutal, BOB’s price action is just painful to watch.
#比特币对比代币化黄金 I've been keeping an eye on $BOB's recent performance, and to be honest, it's not looking too good.
The price has been consistently declining, and this kind of slow, grinding drop is the most torturous. The key level is 0.02; from a technical perspective, it looks likely that it won't hold. If it breaks below, based on previous patterns, there's still more downside ahead.
So I've already opened a short position. It's not a large position—just a tentative move. If it really breaks below 0.02, I might consider adding to it. After all, when the market is weak, going with the trend is usually more rational than trying to fight it.
Of course, this is just my personal opinion. The crypto market changes so fast, any prediction could be proven wrong. Everyone should make decisions based on their own risk tolerance.
$BTC $ETH have also been pretty weak lately, and the overall market sentiment is cautious, which could be one of the factors behind BOB's weakness.