As the year-end approaches, the market is about to enter the final phase of the yearly and monthly closing. The atmosphere during this period has indeed been somewhat dull, with the main index maintaining a relatively steady trend, while the S&P 500 has been repeatedly testing support. Gold and silver experienced a rally before beginning to pull back and adjust, and as for Bitcoin and Ethereum, they are currently in a mid-negative holding stage.
In such a market environment, the importance of technical analysis becomes evident. To survive in this market, it is really necessary to grasp the rhythm of the trend. As a tool for interpreting the market, the Chan theory can help us see more clearly where the current direction is. How should we interpret the current trend? The key is to learn how to observe from a more systematic perspective.
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.
4 Likes
Reward
4
6
Repost
Share
Comment
0/400
LidoStakeAddict
· 11h ago
The market is dull, so you need to study more about Chan Theory; otherwise, it's easy to get trapped.
The recent movement of Bitcoin is a bit confusing; it feels like it's still brewing.
The year-end closing phase is the biggest test of patience; if you can hold on, you'll win.
The S&P support level has been tested several times; if it breaks again, something serious might happen.
For medium-term positions, I choose to wait and see; anyway, there's no rush to sell.
On the night before the New Year, being cautious is not a bad idea.
Chan Theory, to put it simply, is about understanding the rhythm; straightforward to say, but difficult to do.
A rebound followed by a pullback and adjustment is normal; don't over-interpret it.
I'm holding both Bitcoin and Ethereum; it all depends on who moves first.
The market being so dull might actually be an opportunity; don't rush.
View OriginalReply0
LightningAllInHero
· 11h ago
The market at the end of the year is really dull. Bitcoin keeps fluctuating there, no matter how advanced the Chan Theory is, it still depends on market intuition.
Dullness is just an opportunity; it all depends on who can hold out until that moment.
Technical analysis? It still relies mostly on intuition and luck, brother.
Got sidetracked. I just want to know if there will be a rebound at the end of the year.
Bitcoin's current trend is really boring; might as well go to sleep.
No matter how systematic the Chan Theory is explained, you can't catch the bottom; the leek (retail investors) are always the leek.
Support levels are repeatedly tested; it might break tomorrow. What do you say we do?
The monthly candle close feels like there will be a big move; just waiting for a breakdown.
It's really just a waiting game; whoever can wait will make money.
Ethereum's medium-term position is holding, but this stance is a bit uncomfortable.
View OriginalReply0
GamefiGreenie
· 11h ago
The year-end market conditions are so dull, it feels like only institutions are shaking out positions.
Chán Theory? To be honest, I still don't quite understand it, and I feel like there aren't many people who do.
Holding a position in Bitcoin during this mid-term decline, I see a higher probability of a breakdown.
At the end of the year, all kinds of funds are fleeing. Forget about systematic observation; let's honestly wait until next year.
The S&P has tested support multiple times; it will break sooner or later, either this year or next year.
View OriginalReply0
FudVaccinator
· 11h ago
The end of the year, and the atmosphere is indeed suffocatingly dull. Why does it keep falling without end?
After listening to Chan Theory for so long, I still can't understand it. Sometimes charts deceive more than lies.
Bitcoin kneeling like this really tests psychological resilience.
If you grasp the rhythm well, you can survive. It's easy to say, anyone can do it.
The routines of gold and silver—buy on dips and sell on rallies. How many people played this wave?
Is technical analysis really useful in this market? It feels more like gambling with a boost.
Is it always like this before the annual line closes, or is this year particularly magical?
View OriginalReply0
zkProofInThePudding
· 11h ago
The year-end wave is really dull, Bitcoin and Ethereum are still dragging on
I've heard of Chan Theory, but honestly, there are very few people who actually apply it
To put it simply, it's still a mindset issue. No matter how advanced the technology is, if the market doesn't cooperate, it's all for nothing
During the closing of the monthly chart, I just lay low and wait until after the Spring Festival to start again
View OriginalReply0
SquidTeacher
· 11h ago
To be honest, the end-of-year market has been really dull, and Bitcoin's sideways movement is truly testing patience.
You need to get hands-on with the Chán Theory; just listening to lectures isn't enough.
Gold is starting to fall, why not buy the dip?
The key level of the annual moving average must be well protected, or there could be a bloodbath before the Spring Festival.
Did the S&P support break again? It seems the US stock market is also weak.
In this kind of market, technical analysis becomes especially important, otherwise it's all just gambling on emotions.
As the year-end approaches, the market is about to enter the final phase of the yearly and monthly closing. The atmosphere during this period has indeed been somewhat dull, with the main index maintaining a relatively steady trend, while the S&P 500 has been repeatedly testing support. Gold and silver experienced a rally before beginning to pull back and adjust, and as for Bitcoin and Ethereum, they are currently in a mid-negative holding stage.
In such a market environment, the importance of technical analysis becomes evident. To survive in this market, it is really necessary to grasp the rhythm of the trend. As a tool for interpreting the market, the Chan theory can help us see more clearly where the current direction is. How should we interpret the current trend? The key is to learn how to observe from a more systematic perspective.