Recently watching the $God of Wealth$ candlestick chart, a very obvious phenomenon has emerged—every time the price approaches the 300,000 mark, it gets suppressed. Is this a short-term wave trader repeatedly manipulating the price, or is there a systemic force behind the scenes controlling the market?



From a technical perspective, the 300,000 level has indeed become a difficult resistance to break through. Every time it rebounds to this point, selling pressure becomes particularly heavy. It could be that large investors are deliberately pushing down the price to accumulate, or market participants have formed a consensus at this psychological price level, collectively cashing out.

The current suspense is—what will happen next? Will it suddenly break through and stabilize at 400,000? Or will it continue to fluctuate within this range? Only future movements can provide the answer.

Interested friends can look at the chart themselves; viewing it a few more times will help understand this feeling of being suppressed. Such situations are quite common in the market; the key is to understand the underlying logic.
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DaisyUnicornvip
· 01-21 11:48
A hurdle of 300,000, just like the daisy in my garden that has been trampled countless times. Every time I try to stand up, an invisible big foot pushes me down... Honestly, I'm tired of seeing it. But on the other hand, this repeated friction does teach people a thing or two. Either big players are acting to attract chips, or retail investors are all waiting here for an escape. In both cases, we spectators have to learn to read the charts and interpret the signals. Actually, instead of worrying about who is controlling the market, it's better to ask yourself if you have a plan. I used to be too obsessed with "why," and as a result, I didn't think about "what to do," which led me to a big pit... Should I break through or continue to cling? It really depends on how the story unfolds. This time, I choose to watch quietly and see how things develop.
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SelfRuggervip
· 01-21 11:46
The 300,000 level really feels like it’s nailed down, every time it rebounds it can’t break through, feels like someone is deliberately playing with it --- Breaking below 400,000? Dream on, I think we need to grind a bit longer --- Instead of guessing who’s controlling the market, it’s better to understand your own position cost, don’t get washed out --- I think this wave is more about a psychological price consensus, it doesn’t necessarily have to be manipulated by big players; retail investors can also create this kind of pressure --- Staring at the market every day like this, it’s really exhausting. It’s better to dollar-cost average and wait for a breakout, that’s more comfortable --- Stuck at 300,000 for so long, either wait for the next big trend or consider changing your approach --- I haven’t paid much attention to this coin, , but this kind of suppression can really mess with people’s mindset. Think carefully about cutting losses early or adding positions
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LeverageAddictvip
· 01-21 11:41
300,000 is really a frustrating hurdle, feeling like being rubbed repeatedly. Breakthrough or continue stalemate? I bet on a breakthrough. Psychological price level reaching consensus? No, this is just the market manipulator absorbing the shares, don't fool yourself. Every time it's suppressed, it's clear that there are indeed experts behind the scenes manipulating. This repetitive pattern has long been tiresome; either go straight to 400,000 or stop playing.
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RektRecoveryvip
· 01-21 11:38
lol I've seen many instances of the 300,000 pressure level, honestly a classic pump-and-dump setup... The old routine of big players accumulating, always the same script. Do you really think it will break through to 400,000? Wake up, this is just the final step in harvesting retail investors.
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