The November unemployment rate and non-farm payroll data have just been released, and the market reacted strongly. Bitcoin and Ethereum are under short-term pressure, but from a technical perspective, this could present a good entry point.
The key is that Powell's recent dovish tone has been significantly more than expected, and a shift in central bank attitude often drives risk assets to revalue. Although the recent decline is indeed frightening, historical trends show that a rebound usually occurs quickly after similar periods of panic.
Value will ultimately return; the only question is timing. During this round of decline, SOL, ETH, and BTC are all accumulating bottom positions. It may be uncomfortable in the short term, but golden opportunities often hide in such uneasy moments. Continue to observe the performance of key support levels; once a rebound signal is confirmed, it could be a good time to position.
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MevWhisperer
· 2025-12-19 11:38
Falling like this and still talking about bottom chips, I think there's an 80% chance it's another wave of retail investors being harvested.
Powell dovish? He said the same last time, and look what happened... My wallet has the final say.
Golden pit, golden pit, digging pits every day, but no one dares to jump.
If there's a real rebound, it might be the Year of the Monkey or the Month of the Horse, I'll withdraw first and see.
Wait, will this wave of decline break through the support level? Feeling a bit anxious.
Will history repeat itself? Bro, your view is too optimistic, wake up.
Observe the support level for one more day, if it breaks, I'll liquidate and lie flat.
Forget it, I'll just hold, it won't die from a fall anyway.
This is a typical over-interpretation of technical analysis; data is the real king.
Does sol still dare to be touched? Last time, I got cut the worst by it.
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HappyMinerUncle
· 2025-12-17 10:11
Down and up again, oh my... Powell's dovish stance does have some merit, but right now, bottom fishing is a bit exhausting.
The golden opportunity is right in front of us, but the problem is that the wallet is also at its limit, haha.
Let's wait until the support level is established, anyway, what I fear most is another wave of decline before a rebound.
BTC is sitting here, so I might as well sit tight...
If I don't bottom fish this wave, the next one will be even harder. The key is to stay patient, brother.
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NeverVoteOnDAO
· 2025-12-16 14:53
Still want to buy the dip after dropping so much? I'll wait and see for now, after all, the support level hasn't stabilized yet.
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GasFeeNightmare
· 2025-12-16 14:53
Coming back with this again? Every time it's the "golden pit" story. I believed it last time and got trapped all the way to the bottom. But seeing that the gas is only 50 gwei now, it's actually a good time to scoop up some bottoms. Just worried that during the rebound, it might jump back to 500 gwei and turn into a nightmare...
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All-InQueen
· 2025-12-16 14:33
Powell's recent moves are indeed quite aggressive, but let's just wait and see what happens next.
There's really no need to panic right now; this is often the best opportunity to get in.
SOL has fallen so much and is still holding on; let's see how much rebound it can give back.
Bottom chips are easy to talk about, but few actually dare to buy the dip.
Whether the support level holds or not is the key; if it stabilizes, the rebound will be triggered.
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NestedFox
· 2025-12-16 14:30
Haha Powell really went hawkish this time, and the drop crushed my mentality, but I still have to hold on.
Bottom chips? I just want to know where the bottom is... Last time I said that, I went all in and it dropped another 50%.
Golden pit, golden pit, I've heard it so many times my ears are calloused. The key is, when will it truly be the bottom support level?
Anyway, SOL has indeed become cheap this wave. Hold your coins and wait for the rise. At least I won't bleed anymore.
Let's just take this as a tuition fee for this wave. Next time, macro data should be more cautious; non-farm payrolls can really wipe out billions in market value in seconds.
The November unemployment rate and non-farm payroll data have just been released, and the market reacted strongly. Bitcoin and Ethereum are under short-term pressure, but from a technical perspective, this could present a good entry point.
The key is that Powell's recent dovish tone has been significantly more than expected, and a shift in central bank attitude often drives risk assets to revalue. Although the recent decline is indeed frightening, historical trends show that a rebound usually occurs quickly after similar periods of panic.
Value will ultimately return; the only question is timing. During this round of decline, SOL, ETH, and BTC are all accumulating bottom positions. It may be uncomfortable in the short term, but golden opportunities often hide in such uneasy moments. Continue to observe the performance of key support levels; once a rebound signal is confirmed, it could be a good time to position.