Looking at this trend, the price is tightly constrained by three key support levels, with volatility compressed to an uncomfortable degree. It’s not just a simple sideways consolidation; this resembles the eerie calm before a storm—both bulls and bears are secretly gathering strength, waiting for the moment to trigger a breakout.
The technical chart shows a classic "converging triangle" pattern, with bullish and bearish forces temporarily balanced, but this equilibrium won't last long. Tonight or tomorrow, a one-sided move is very likely, and it won't be a minor fluctuation. The trading volume on the order book already hints at an unusual calm.
From a trading perspective:
Long position — wait for the price to break above the MA7 (keep an eye on 2.1403), and only consider a genuine breakout if the 15-minute candlestick closes above 2.1410. Once confirmed, small positions can be taken, with targets around 2.1550-2.1600.
Short position — if the price rebounds to the 2.1350-2.1400 range (near yesterday’s high) but shows obvious weakness and struggles to go higher, it’s a clear sign to try shorting cautiously.
Honestly, the opportunity for this market move is right in front of us; the key is to be patient and watch the pattern develop. The market will always give signals—it's just a matter of whether you can catch them.
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SmartMoneyWallet
· 5h ago
Converging Triangle? Bro, isn't this just the old trick of the market maker shaking out the stops? They keep calling for a trend reversal but nothing happens. The fund flow already indicates the issue.
The volume being so eerily calm is actually more dangerous. You need to watch the movements of the big players on the chain and not be fooled by these technical patterns.
That point at 2.1410? Don't be too stubborn. The real breakout depends on where the chips are accumulating; data is king.
I've heard this MA7 + 15-minute combo explanation too many times. Retail investors operating like this are basically just giving the big funds a chance to scoop up the shares.
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MidnightTrader
· 5h ago
The term "triangle squeeze" is quite vivid, but honestly, this pattern often turns out to be a false breakout... I got caught in it last time and had to wait painfully.
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FlashLoanLarry
· 5h ago
ngl the triangle squeeze play here is textbook accumulation setup... capital efficiency gets wild when volatility compresses like this tbh. opportunity cost of sitting idle rn is actually brutal if you understand the basis points we're leaving on the table lmh
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StablecoinEnjoyer
· 5h ago
It's the same old "market reversal imminent" rhetoric. How does that usually turn out? Waiting and waiting, only to be stuck in a sideways trend for three months.
#Strategy加仓BTC XRP trend falls into a "triangle squeeze"—space is compressed to the extreme, and a reversal is imminent?
$BTC $XRP
Looking at this trend, the price is tightly constrained by three key support levels, with volatility compressed to an uncomfortable degree. It’s not just a simple sideways consolidation; this resembles the eerie calm before a storm—both bulls and bears are secretly gathering strength, waiting for the moment to trigger a breakout.
The technical chart shows a classic "converging triangle" pattern, with bullish and bearish forces temporarily balanced, but this equilibrium won't last long. Tonight or tomorrow, a one-sided move is very likely, and it won't be a minor fluctuation. The trading volume on the order book already hints at an unusual calm.
From a trading perspective:
Long position — wait for the price to break above the MA7 (keep an eye on 2.1403), and only consider a genuine breakout if the 15-minute candlestick closes above 2.1410. Once confirmed, small positions can be taken, with targets around 2.1550-2.1600.
Short position — if the price rebounds to the 2.1350-2.1400 range (near yesterday’s high) but shows obvious weakness and struggles to go higher, it’s a clear sign to try shorting cautiously.
Honestly, the opportunity for this market move is right in front of us; the key is to be patient and watch the pattern develop. The market will always give signals—it's just a matter of whether you can catch them.