A multi-month range breakout just got shut down hard by a weekly bearish SFP.
If you've been paying attention to these weekly timeframe SFPs, you know they don't miss often—the hit rate is pretty solid.
Now it comes down to the bulls. They need to flip this SFP quickly or things could get messy. If they don't, we're looking at a potential slide all the way back down to the range lows and possibly even deeper.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
PensionDestroyer
· 12h ago
The weekly SFP remains uninterrupted, and this time is no exception. If the bulls can't break through again, they'll have to revisit the previous lows. What's your take?
View OriginalReply0
GateUser-00be86fc
· 12h ago
Weekly SFP signals once triggered, the bulls start crying... Can we turn the tide this time? Feels uncertain.
View OriginalReply0
consensus_whisperer
· 12h ago
Weekly SFP this time is really fierce. The multi-month breakout was just smashed back... Bulls need to flip quickly or they'll return to the lower end of the range.
View OriginalReply0
MEVHunter_9000
· 12h ago
The weekly SFP directly shattered the bulls' dream, this time it's really hanging in the balance.
View OriginalReply0
TokenTaxonomist
· 12h ago
per my analysis, weekly sfps operate like natural selection in the market ecosystem—statistically speaking, when they reject price action this decisively, you're witnessing cryptographic darwinism in real time. the bulls have maybe one candle to flip this or we're watching an evolutionary dead-end play out
Reply0
ZenChainWalker
· 12h ago
The weekly SFP this time is really fierce; the multi-month level breakout was directly suppressed.
A multi-month range breakout just got shut down hard by a weekly bearish SFP.
If you've been paying attention to these weekly timeframe SFPs, you know they don't miss often—the hit rate is pretty solid.
Now it comes down to the bulls. They need to flip this SFP quickly or things could get messy. If they don't, we're looking at a potential slide all the way back down to the range lows and possibly even deeper.