ALCH market cap surpasses 110.35M, currently bullish sentiment is high, with 28K votes reflecting a 78% strong bullish stance.
From a technical perspective, SC02 M5 timeframe shows a clear short-term shorting opportunity. The entry point is at a key support zone (LVN), unaffected by weak areas, providing traders with relatively stable risk control space. The stop-loss is expected to be set around 3.05%, making the risk manageable.
The current downtrend has run to the 200-period, with a decline of −17.90%. Such a correction is common in ranging markets and provides a window for short-term trading. Future focus should be on whether this cycle can stabilize at the support level or if there is a continued bottoming-out possibility.
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GasBankrupter
· 2h ago
78% Bullish? Why do I only see my money falling?
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Support level stabilizing? Ha, same old story.
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This correction is quite decent, shorting opportunities are knocking.
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A 110M market cap isn’t anything special; the key is whether my holdings can still hold up.
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A 3.05% stop loss sounds elegant, but when it’s time to cut losses, it doesn’t feel so good.
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Bullish sentiment is high, huh? Then I’ll try the opposite.
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Looking for a short entry on the M5 cycle? Bro, you’re teaching me how to lose all my remaining assets.
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Keep probing lower? Then I’ll just keep lying flat.
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Just 28K votes, doesn’t change the fact that my account is all in the red.
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Short-term trading offers opportunities? Bro, I can’t afford to take this chance.
View OriginalReply0
NotSatoshi
· 12h ago
78% bullish and still willing to short? This guy is probably trying to make money in the opposite direction.
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StrawberryIce
· 12h ago
78% Bullish? Uh… I feel like it's all heading in the opposite direction…
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Support level stabilizing? Let’s wait and see, this wave might still test the bottom
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Another shorting opportunity, and the risk is controllable. Sounds good, but I’m just afraid of a reversal tomorrow…
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Breaking through a 110M market cap? Seems like just a number game, nothing substantial
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The clearer the signal on the M5 timeframe, the more I’m afraid… Experience tells me to often do the opposite at this point
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28K voting 78% bullish, I think it’s dangerous… When retail investors unite, the market is the most ruthless
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−17.90% decline is common, but who knows how much more it will fall…
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Stories of support levels being broken too many times to count…
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Short-term trading opportunity? Bro, are you digging a trap for me…
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I’m optimistic, but I think I’ll just wait and see for now
View OriginalReply0
LiquidationAlert
· 13h ago
78% Bullish? I feel like it's just another trap...
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Short-term shorting opportunity? Support level might break again haha
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110M market cap, but this -17.90% correction really hurts. Still waiting for a rebound
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Again with a 3.05% stop loss, always say the same thing and end up getting liquidated. Forget it, not playing anymore
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28K votes, only 78% bullish. Really? This data seems a bit suspicious
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Support level stabilizing? More likely to get slapped in the face. Alright, continue to look for lower prices
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M5 timeframe short? Looks like I might get caught in a reverse position again
View OriginalReply0
ShibaOnTheRun
· 13h ago
78% bullish? This data is a bit questionable. If we can hold steady at the critical point, that's considered a win.
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GasFeeNightmare
· 13h ago
78% bullish? Uh... why do I feel like this data is so inflated?
Down 17.90% and still claiming a bull market, typical bagholder rhetoric.
View OriginalReply0
FlippedSignal
· 13h ago
78% Bullish? Why do I feel this is the most dangerous signal haha
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Short-term shorting opportunity? Wait, wasn't it just said that the bullish sentiment is high? The contrast is a bit stark
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-17.90% decline is common in a volatile market... but can the support level really hold? Seems like we need to observe
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I usually don't trust M5 cycle data much; it's too easy to get smashed. It's safer to look at the larger cycle
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Is the $110.35M market cap breakthrough meaningful? It's just a number that looks good
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A 3.05% stop loss sounds very tempting, but I'm worried about a gap that might just break right through
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Voting data shows 78% bullish, but this consensus makes me want to do the opposite
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Is the support level holding steady or continuing to probe lower? Which do you bet on? I think it depends on future policy directions
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Shorting opportunity? Forget it, I’d rather wait for the correction to end before entering a position for safety
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This wave of correction isn't too extreme, but it feels like there's still room to go lower
View OriginalReply0
LightningPacketLoss
· 13h ago
78% bullish is a joke; at times like these, contrarian trading often makes money.
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M5 shorting opportunity? I think it's just a false alarm; the probability of support holding is even lower.
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What does breaking through a 110M market cap mean? The key is whether the next cycle can break the previous high.
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A -17.90% correction, so what? The -30% dip a few days ago was also endured.
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Three points stop-loss is too loose; this market is prone to shake people out.
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With this market, the likelihood of support stabilizing is very low; I bet it will continue to test lower.
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Another bunch of technical analysis, but it's better to see how big players are moving.
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I've been watching the LVN level for a long time; the question is whether I can get out unscathed after entering.
ALCH market cap surpasses 110.35M, currently bullish sentiment is high, with 28K votes reflecting a 78% strong bullish stance.
From a technical perspective, SC02 M5 timeframe shows a clear short-term shorting opportunity. The entry point is at a key support zone (LVN), unaffected by weak areas, providing traders with relatively stable risk control space. The stop-loss is expected to be set around 3.05%, making the risk manageable.
The current downtrend has run to the 200-period, with a decline of −17.90%. Such a correction is common in ranging markets and provides a window for short-term trading. Future focus should be on whether this cycle can stabilize at the support level or if there is a continued bottoming-out possibility.