The reason is simple—the volume doesn't look right. Last night's surge in volume was reasonable, but now the current trading volume? It's too weak. Most likely we'll see a technical rebound over the weekend, giving the bulls a chance to catch their breath.
If you're going to trade, make sure you set a stop-loss:
Short position strategy: Set stop-loss at 91300, mark price at 91200 (see chart), target around 86880 Long position strategy: Only consider if it can hold above 90000, target range 91200-91300
To be honest, even the best assets have correction cycles. This time I took a bigger-picture approach and gave back quite a bit of profit—consider it tuition.
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zkProofInThePudding
· 3h ago
The trading volume is indeed weak; this move feels a bit like a fake-out.
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MemeCurator
· 12-06 10:24
With such weak volume, I really don't dare to chase the highs.
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LadderToolGuy
· 12-06 07:49
The trading volume is so weak, we need to tighten risk control.
View OriginalReply0
UncleWhale
· 12-06 07:40
With such weak trading volume, no wonder the main players haven't made any real moves yet.
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MEVHunter_9000
· 12-06 07:25
With such weak volume, how could you dare to increase your position over the weekend?
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POAPlectionist
· 12-06 07:24
The trading volume is so weak, a weekend recovery is pretty much a sure thing now.
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WhaleShadow
· 12-06 07:24
With such weak volume, how dare you chase? A weekend correction is perfectly reasonable.
#比特币对比代币化黄金 $BTC I still tend to expect a correction this time.
The reason is simple—the volume doesn't look right. Last night's surge in volume was reasonable, but now the current trading volume? It's too weak. Most likely we'll see a technical rebound over the weekend, giving the bulls a chance to catch their breath.
If you're going to trade, make sure you set a stop-loss:
Short position strategy: Set stop-loss at 91300, mark price at 91200 (see chart), target around 86880
Long position strategy: Only consider if it can hold above 90000, target range 91200-91300
To be honest, even the best assets have correction cycles. This time I took a bigger-picture approach and gave back quite a bit of profit—consider it tuition.
Risk control is always the number one priority.