The price has stretched well beyond the upper Bollinger Band at this point. That's a classic signal of overextension—when assets push this far above the band, it often hints at potential pullback or consolidation ahead. Worth monitoring how price action responds near the upper band threshold.
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.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
FOMOrektGuy
· 01-13 04:49
The Bollinger Bands are overextended, so is this correction coming? I'll bet five dollars that the bottom will be reached next week.
View OriginalReply0
NotAFinancialAdvice
· 01-13 04:48
Bro, this might be a wipeout. Going so far beyond the Bollinger Bands, I really can't hold on.
View OriginalReply0
EthMaximalist
· 01-13 04:46
Bro, this move is really a bit too much, the Bollinger Bands have even burst out... But this kind of situation really tests your mentality. Can you truly hold until the pullback moment?
View OriginalReply0
HalfIsEmpty
· 01-13 04:46
Got caught again? This time you'll have to fall back and eat humble pie.
View OriginalReply0
NFTHoarder
· 01-13 04:39
Damn, this move is really outrageous. Being so far beyond the Bollinger Bands is truly uncomfortable.
The price has stretched well beyond the upper Bollinger Band at this point. That's a classic signal of overextension—when assets push this far above the band, it often hints at potential pullback or consolidation ahead. Worth monitoring how price action responds near the upper band threshold.