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#数字资产生态回暖 $JELLYJELLY The Technical Dilemma Facing the Market
Friends who have been watching this coin recently should have felt it—the market is rapidly probing downward. The AI monitoring data from early morning shows that large funds are indeed gradually exiting, which is no secret anymore. The problem is, when the main players start to withdraw, retail investors often have the strongest rebound expectations.
From a technical standpoint, there are three obvious resistance points:
First, the price is tightly pressed down by the EMA7, with each upward attempt met with resistance. This moving average has become a hard ceiling, making rebounds extremely limited.
Second, the long positions that were liquidated in the past 24 hours reached $840,000. What does this number indicate? It shows that leveraged positions are self-digesting, and the downward momentum has shifted to forced liquidations within the market. Once this process starts, it often accelerates the downward trend.
Third, the main capital outflow has been confirmed. Without new funds entering, relying solely on retail rebound hopes makes it difficult to sustain a decent rally.
Based on these observations, the key short-term support level is around 0.07465. If this level is broken, the next target points below 0.0700. The strength of the trend often exceeds our imagination, and going with the trend is the only rational choice in such a market environment.
Let the data speak, and make decisions based on logic.
The main force has run away, retail investors are still sleepwalking. We've seen this trick too many times.
EMA7 is holding firmly, indicating that the ceiling is really tough. Don't mess around anymore.
Below 0.0700 is the real support, entering now means getting cut.
Going with the trend, this phrase is well said, but anyone with a brain should see the direction clearly.
Main force runs away, retail investors take the hit. I've seen this script too many times.
EMA7 is holding tightly; if it breaks 0.07465, just go directly to hell.
Can it hold this time? Feeling uncertain...
Following the trend sounds right, but I just can't cut out. Going all in.
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EMA7 line is firmly pressing down, what’s the point of retail investors rebounding
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Everyone is right, but our group just loves to gamble on the bottom, haha
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Main players have already withdrawn, still thinking about a rise? Dream on
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If 0.0746 can't hold, then it really depends on dropping below 0.07, this time it might be a bit risky
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Leverage positions are self-digesting, which is the most terrifying, they will keep pushing down
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Lack of new capital entering the market, in plain words, means no one is willing to take over, understand?
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The ceiling is too hard, the rebound space is indeed limited, need to face reality
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In front of the trend, everyone is equal, going with the flow is truly the right approach
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The exit wave is coming, another round of shakeout is ahead
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The technical chart looks so bad, still need to wait, don’t rush to buy the dip
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840,000 liquidation, this data needs to be carefully examined, a sign of accelerating decline
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No way, starting to test the bottom again, this cycle is really tough
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Retail investors’ dreams vs. main players’ reality, guess who wins