From a technical perspective, mainstream altcoin indicators have been repeatedly under pressure within a multi-year descending wedge channel. Recently, the price consolidation has significantly increased, and the market's momentum signals are becoming more and more evident.
If this wave of consolidation is truly to break out, the key is whether it can hold steady above the 13.77% level. Once the breakout is successful, it could very well trigger a new round of upward movement. At that time, the gains for altcoins could be quite substantial.
Currently, we are just waiting for this breakout moment. Keeping a close eye on the performance at this level may be the key to judging the future market trend.
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DegenWhisperer
· 15h ago
It's the same old story again, 13.77%... Why does it sound so familiar, wasn't it the same thing said last year?
Altcoins turning around? I think it's just waiting for a breakthrough that will never come.
Breakout successful? Bro, are you serious? Haha.
We've been building momentum for years, I'm numb to it now.
Wait and see, in the end, you still have to rely on your own judgment. Don't just focus on that number.
Can it really rise this time, or is it just another prelude to another round of chopping the leeks?
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GateUser-9f682d4c
· 15h ago
Here we go again with this routine? Every time it's about building momentum for a breakout, and yet it's the same story... I've heard the number 13.77% too many times.
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NotSatoshi
· 15h ago
Is it that 13.77% again? Bro, can you make the numbers any more outrageous? Do you really think we're just naive investors?
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SignatureLiquidator
· 15h ago
Another key level at 13.77%... Every time I mention a key level, what happens then?
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Altcoins turning around? I think we need to survive this downturn first.
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Why focus on this level? It's better to watch your own stop-loss.
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I've heard about wedge breakouts for three years now. Should I try a reverse operation?
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Waiting, waiting, I'm tired of waiting. Might as well ask Bitcoin Daddy when it will make a move.
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Sounds professional, but I just want to know... who is placing orders at 13.77?
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The day of successful breakout probably was when most people cut losses, huh?
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Technical analysis looks good but doesn't taste good. It's better to stay on the sidelines for now.
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Price consolidation = main players are accumulating? If you believe that, you've already lost.
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OldLeekNewSickle
· 15h ago
It's the familiar "accumulation breakout" rhetoric again, buddy. I've memorized this set of phrases. How is the precise figure of 13.77% calculated? I feel like it's a reverse indicator.
Successful breakout? The project teams you mentioned also told me the same thing, but now they all turned into my deep position holdings.
Risk warning: this does not constitute investment advice.
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SpeakWithHatOn
· 15h ago
It's the same old story... waiting for a breakthrough until the end of time, and I've already run out of my money waiting.
Is the comeback opportunity for altcoins here?
From a technical perspective, mainstream altcoin indicators have been repeatedly under pressure within a multi-year descending wedge channel. Recently, the price consolidation has significantly increased, and the market's momentum signals are becoming more and more evident.
If this wave of consolidation is truly to break out, the key is whether it can hold steady above the 13.77% level. Once the breakout is successful, it could very well trigger a new round of upward movement. At that time, the gains for altcoins could be quite substantial.
Currently, we are just waiting for this breakout moment. Keeping a close eye on the performance at this level may be the key to judging the future market trend.