In the New Year market, altcoins followed the hot meme sector and indeed rebounded quite a bit, especially with PEPE's strong momentum giving the market a lot of confidence. After falling for so long, there has to be a rebound opportunity. The current momentum is quite fierce, but the 630 level is quite critical, so be cautious. Friends with heavy positions are advised to reduce their holdings gradually in batches, and not to try to buy everything at once.



If we continue to observe, we need to see clearly what level this altcoin rebound is at. If it is truly a weekly-level rebound, it should be able to sustain a rise for another week or two. If PEPE continues to push upward, the resistance levels at 800, 880, and 1000 are real pressures. At those points, consider reducing positions in batches or opening short positions.

However, there are no significant changes in the fundamentals; liquidity remains tight, and BTC and ETH currently show no obvious signs of a strong rebound. In the short term, this altcoin rally looks more like a technical rebound after an oversell, a battle of existing funds in the market, without introducing new incremental liquidity. Therefore, a strategy of short-term long and short positions is still the most prudent.

#数字资产动态追踪 $PEPE $SOL
PEPE-4,28%
BTC-0,98%
ETH1,37%
ZEC1,76%
View Original
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.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
JustHereForAirdropsvip
· 17h ago
630 is a hurdle; pushing further up is probably just bluffing. Don't be fooled by the mysterious surge. --- PEPE's recent surge is indeed fierce, but the fundamentals haven't kept up. It feels like existing funds are just flipping among themselves. --- Those with heavy positions really need to reduce them; don't end up as the bagholder. --- I've overused the tactic of short-term bullish and long-term bearish. Let's wait and see if it can bounce back. --- That 800 level is definitely insurmountable. I bet fifty cents.
View OriginalReply0
SatsStackingvip
· 18h ago
This hurdle at 630 definitely needs to be watched closely, or it's easy to get trapped. PEPE's recent surge is fierce, but it feels like just existing funds transferring among themselves; I haven't seen any new money entering. Short-term bullish and long-term bearish—that's the right way to stay alive. After falling for so long, there's finally a rebound, but don't be greedy and risk a bounce back. That 800 level is really a critical point; you need to plan how to exit in advance. This move feels like a technical rebound; the fundamentals are still the same, so there's no need to be overly optimistic.
View OriginalReply0
DegenDreamervip
· 01-05 07:29
630 really needs to hold, otherwise this rebound will be in vain. Whether PEPE can go up further depends on whether new funds come in; it feels like old chives cutting each other. Short-term longs and long-term shorts are indeed stable, don't be greedy. This wave feels like an oversold rebound; the real market trend hasn't arrived yet. Those with heavy positions should really reduce them; don't wait to be violently beaten.
View OriginalReply0
CryptoNomicsvip
· 01-03 06:10
actually, if you run the correlation matrix on altcoin rebounds versus macro liquidity conditions, this thesis completely falls apart. classic case of confusing dead cat bounces with actual market structure shifts.
Reply0
MetaDreamervip
· 01-03 06:08
Oops, 630 really needs to be watched carefully, otherwise taking over at high levels could be awkward. PEPE's move is indeed fierce, but it still feels like a battle among existing funds, with no new capital entering. The logic of short-term bullish and long-term bearish isn't wrong; being cautious is the safest approach. At the 800 threshold, I need to take out half of my position first; I can't be greedy. The fundamentals haven't shown any movement; a rebound can turn around suddenly.
View OriginalReply0
AirdropBlackHolevip
· 01-03 06:08
It's crucial to hold the key level at 630. The PEPE rebound might just be a false rally; let's wait and see if it can break 800.
View OriginalReply0
HodlAndChillvip
· 01-03 06:04
If you can't hold 630, you should run; don't wait to get trapped inside.
View OriginalReply0
PositionPhobiavip
· 01-03 05:42
It looks like once again it's just existing funds competing with each other, with no new liquidity entering the market.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)