After a shallow sweep of the range top, it may have just touched the HTF Wave 4 Fibonacci retracement level.
Could there be an unexpected scenario? While everyone is watching the 96-97k area or even higher, what if the price suddenly reverses and drops straight to the range bottom or even slightly breaks it?
Either way, we are prepared. We play the hand the market deals us—always trading the chart right in front of us.
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CafeMinor
· 3h ago
Yeah, this script is actually kind of interesting. If it really crashes to the bottom, I'll have to rebalance my portfolio.
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DefiPlaybook
· 3h ago
According to the on-chain data analysis framework, the probability distribution of this range breakout is worth a three-dimensional dissection: First, there is indeed a clear technical pattern basis for the key support at the HTF Wave 4 retracement level; second, the consensus expectation at 96-97k itself constitutes a potential liquidity trap—based on historical data, the areas where the market is most crowded with long positions often coincide with the points of greatest opposing capital pressure. Risk warning: Although the scenario of plunging to the bottom is counterintuitive, its probability is roughly within the 35-42% range. It is recommended to adopt a staggered position building strategy rather than going all-in in a single direction.
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DeFi_Dad_Jokes
· 3h ago
Haha, just waiting for the market to do the opposite. When 90% of people are bullish, it crashes to the bottom. This trick is old.
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RiddleMaster
· 4h ago
Ha, here we go with another reverse script, huh? I don't believe you at all.
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Those people in the 96-97k range are still sleepwalking, not realizing they're already at the top.
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Honestly, the scariest thing at times like this is overthinking. Just look at the chart and that's it.
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I don't understand Fibonacci retracement levels, but I do understand the words "losing money."
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Breakdown and dump to the bottom? Let's just watch for now. Anyway, I don't have that much ammo left.
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Ready, my ass. The market always comes up with tricks you can't even imagine.
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As long as it's still in the range, there's no loss. We'll talk when it breaks out.
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When is this move going to pull up? I'm about to fall asleep.
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I trust the chart in front of me, but I don't trust the exchange behind it.
BTC
After a shallow sweep of the range top, it may have just touched the HTF Wave 4 Fibonacci retracement level.
Could there be an unexpected scenario? While everyone is watching the 96-97k area or even higher, what if the price suddenly reverses and drops straight to the range bottom or even slightly breaks it?
Either way, we are prepared. We play the hand the market deals us—always trading the chart right in front of us.