Yesterday, the market collectively pulled back, but interestingly — when US stocks fell, our crypto circle actually held steady.
BTC has already fallen to the first CME gap and is now in a rebound phase. Upon closer inspection, there was also a gap last week, indicating that the weekend's market trend should be closely watched. After all, approaching the weekend, there are often different performances.
ETH is also following the decline, and the specific direction will depend on the upcoming price reactions. Overall, CME gaps are still a good reference signal in the crypto market. Whether this pullback can be stopped depends on whether the gap can be filled over the weekend. Now, it's just a matter of patience, watching how things develop next.
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EyeOfTheTokenStorm
· 01-11 21:52
I think this gap theory is a bit too superstitious; historical data shows that the success rate of filling gaps isn't that high...
The real key is whether we can hold this support level over the weekend; otherwise, we might have to see further declines next week.
ETH's current state feels like a cash machine for people doing short-term trades.
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RuntimeError
· 01-09 00:39
U.S. stocks fall while the crypto market holds up. This reverse operation is quite interesting.
See the real deal over the weekend; whether the gap can be filled is the key.
The CME gap trick is indeed effective, but I'm just worried there might be surprises over the weekend.
Sounds plausible, but I still don't quite believe in the weekend's market movement.
Wait until the weekend; whether there's a rebound or continued decline, you'll know the answer in two hours.
Basically, it's a gamble on whether the gap will be filled over the weekend. I'm choosing to sit back and watch the show.
If there's no movement over the weekend, then it's really critical.
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BearMarketLightning
· 01-09 00:30
Well, the CME gap strategy does have some merit, but whether it can be filled over the weekend remains uncertain.
US stocks fall, but the crypto market actually hardened? This is getting interesting.
Honestly, just waiting for the weekend wave, the rebound space is limited.
Gap theory is useful but don't be too superstitious; the key is to see how funds move.
BTC's rebound strength is average, feeling a lack of upward momentum.
ETH is still following the decline; really need to see weekend performance to judge properly.
Waiting for the gap to be filled, or else this rebound will be a waste.
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SmartMoneyWallet
· 01-09 00:25
Well, the CME gap theory is valid, but looking at the on-chain chip distribution, you can see that institutions haven't really exited the market; retail investors are just hyping themselves up.
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MetaDreamer
· 01-09 00:19
The gap theory is back again. Every time, they say weekends are critical, but what actually happens?
I’m not sure if CME gaps will fill; it all depends on whether retail investors still have ammunition.
The US stock market drops, but the crypto market actually holds up? That logic is a bit off, haha.
Wait, wait, wait. Can we really rebound this time? It feels like just another routine.
Rebound phase? To me, it still looks like we're on a downhill slope. Is this psychological conditioning?
Yesterday, the market collectively pulled back, but interestingly — when US stocks fell, our crypto circle actually held steady.
BTC has already fallen to the first CME gap and is now in a rebound phase. Upon closer inspection, there was also a gap last week, indicating that the weekend's market trend should be closely watched. After all, approaching the weekend, there are often different performances.
ETH is also following the decline, and the specific direction will depend on the upcoming price reactions. Overall, CME gaps are still a good reference signal in the crypto market. Whether this pullback can be stopped depends on whether the gap can be filled over the weekend. Now, it's just a matter of patience, watching how things develop next.