$老子 The chart shows a strong drop followed by a tight sideways range. After heavy selling pressure, price is now moving calmly near the bottom. This usually means panic selling is cooling down and the market is trying to find balance.
Short-term view (1H): Momentum is weak but stable. Indicators like RSI are sitting in the lower zone, which often appears when selling pressure is getting exhausted. If buyers step in, a small bounce is possible. Mid-term view (4H): Structure still looks bearish, but the decline is slowing. Sideways movement after a drop often acts as a base-building phase. Future expectation (personal view): If price holds this range → slow recovery or relief bounce If volume increases upward → trend reversal attempt If support breaks → one more dip before recovery This is my personal market observation, not financial advice. Crypto markets are risky—always manage your own risk.
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$老子 The chart shows a strong drop followed by a tight sideways range. After heavy selling pressure, price is now moving calmly near the bottom. This usually means panic selling is cooling down and the market is trying to find balance.
Short-term view (1H):
Momentum is weak but stable. Indicators like RSI are sitting in the lower zone, which often appears when selling pressure is getting exhausted. If buyers step in, a small bounce is possible.
Mid-term view (4H):
Structure still looks bearish, but the decline is slowing. Sideways movement after a drop often acts as a base-building phase.
Future expectation (personal view):
If price holds this range → slow recovery or relief bounce
If volume increases upward → trend reversal attempt
If support breaks → one more dip before recovery
This is my personal market observation, not financial advice. Crypto markets are risky—always manage your own risk.