#Strategy加仓BTC 1000PEPE's recent rebound looks a bit weak — buying momentum is clearly waning.
My judgment is to continue to look for short opportunities. The price has already touched the previous dense supply zone but has not broken through with strength. Short-term K-line charts frequently show top rejection, trading volume is beginning to be absorbed, and the momentum is also fading. This is a typical high-level distribution signal, not a continuation.
**Short Selling Plan** Entry Range: 0.0066~0.0068 Stop Loss: 0.0070 First Target: 0.0061 Second Target: 0.0056
At the same time, I am also watching the trends of RIVER and BEAT — their structures are also showing similar fatigue at high levels. Short-term operations still depend on the real technical reaction; don’t be fooled by the rebound.
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ExpectationFarmer
· 01-14 11:57
This rebound was indeed weak, and the trading volume is still being absorbed. The signal to distribute is so obvious that it's time to take action.
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RugResistant
· 01-14 11:57
The rebound is just a distribution; this wave really lacks confidence... Once the trading volume is absorbed, you'll know it's backing down.
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GasWaster
· 01-14 11:57
bruh the classic volume death move... seen this play out too many times during network congestion when i'm stuck watching my failed tx's rack up gwei instead of actually shorting anything
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VitalikFanAccount
· 01-14 11:47
Although the rebound looks lively, it's actually just the market makers offloading their holdings, with no real strength behind it.
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DeepRabbitHole
· 01-14 11:36
A rebound is just a fake breakout; this wave has indeed peaked, and the volume is a clear false breakout.
#Strategy加仓BTC 1000PEPE's recent rebound looks a bit weak — buying momentum is clearly waning.
My judgment is to continue to look for short opportunities. The price has already touched the previous dense supply zone but has not broken through with strength. Short-term K-line charts frequently show top rejection, trading volume is beginning to be absorbed, and the momentum is also fading. This is a typical high-level distribution signal, not a continuation.
**Short Selling Plan**
Entry Range: 0.0066~0.0068
Stop Loss: 0.0070
First Target: 0.0061
Second Target: 0.0056
At the same time, I am also watching the trends of RIVER and BEAT — their structures are also showing similar fatigue at high levels. Short-term operations still depend on the real technical reaction; don’t be fooled by the rebound.