2026-01-02 11:21:16

LIGHT this wave of market movement is quite interesting. Last night, around the 10th minute from the start of the decline, I already saw the signs. Friends who were recommended to go short at that time are now laughing uncontrollably—accounts have already turned green. The rebound that began at 3 a.m. yesterday was indeed fierce, with a nearly 47% increase, but the problem is—on the hourly chart, a double top pattern has already become apparent. The second top has just formed, and the 15-minute chart is starting to decline, this signal cannot be ignored. The timing to go short now is quite good, but be sure to watch the 0.31 support level; if it breaks below this, there could be even more downside space.

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ZenChainWalker

· 9h ago

Haha, I saw this wave was going to crash early on. Breaking below 0.31 will definitely lead to a further decline.

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BlockchainDecoder

· 9h ago

The double top formation is often when the most bagholders are caught. The 47% rebound was indeed fierce, but from a technical perspective, the hourly chart signals are already very clear. It’s worth noting that the 0.31 support level is really crucial.

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Rugman_Walking

· 9h ago

0.31, will it break or not, that's the key. I've seen too many false signals with double tops.

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Frontrunner

· 9h ago

Haha, laughing to death. The friends who are shorting are now all green like the lush green grass. If 0.31 breaks, it will be interesting. At that point, you really need to be careful. A 47% rebound is indeed fierce, but the double top signal is too obvious. Can't pretend not to see it. I also see it. The timing for this shorting wave is indeed good. It all depends on who can hold on to the bottom. Breaking the double top usually doesn't lead to good outcomes, and this time should be no exception.

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PanicSeller

· 9h ago

Haha, your short position really took a heavy loss, dropping 47% directly. I also saw the double top, but I still feel there might be one more fake-out. Whether 0.31 breaks or not is the key; I'm betting on it.

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