Been averaging in again around today's gap support level. Honestly, these constant intraday pullbacks don't really scream conviction to me—but here's the thing: they're giving me flashbacks to what we saw with Bitcoin before it finally broke higher. Those repetitive daily rejections eventually turned into fuel for the bigger move.
The moving averages are still holding their ground as support zones. That's what matters right now. When all the MAs line up and hold, it usually means something's brewing underneath the noise. The selloff churn feels like the market testing resolve rather than signaling genuine weakness.
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LayerZeroHero
· 01-09 20:03
NGL, this rebound feels a bit familiar, just like that time with Bitcoin before... is it building momentum?
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NotFinancialAdviser
· 01-09 16:45
ngl this rebound feels like it's gathering strength, as long as the MA holds up, it'll be fine
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SmartContractPhobia
· 01-08 15:00
Are you getting cut again at the gap support? Although this repeated pullback looks uncomfortable, the Bitcoin benchmark you mentioned actually has some merit...
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AltcoinTherapist
· 01-06 20:58
Ha, it's the same old trick... Every time they say "MA support is still there" and then it drops right after.
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YieldHunter
· 01-06 20:58
ngl the ma alignment thing is giving me pause tho... like yeah historically that checks out but if you look at the data from similar setups, correlation coefficient's been sketchy lately. are we actually seeing conviction or just liquidity farmers dumping before the real move? 🤔 that's the risk-adjusted question nobody's asking
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CryptoCrazyGF
· 01-06 20:58
This wave does feel a bit frustrating, but I’m betting on that sense of momentum building up.
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ThatsNotARugPull
· 01-06 20:53
Repeatedly testing the support level, I've seen this rhythm before, BTC plays it like this.
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rugpull_survivor
· 01-06 20:53
Those pullbacks are like the market gathering strength. I've seen this trick a few times before; just grit your teeth and hold on.
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NewDAOdreamer
· 01-06 20:46
Haha, this pullback is really a bit annoying, but you're right—it's like accumulating energy.
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BitcoinDaddy
· 01-06 20:31
Damn, it's this frustrating sideways movement again, dropping all day and then bouncing back. So annoying.
Been averaging in again around today's gap support level. Honestly, these constant intraday pullbacks don't really scream conviction to me—but here's the thing: they're giving me flashbacks to what we saw with Bitcoin before it finally broke higher. Those repetitive daily rejections eventually turned into fuel for the bigger move.
The moving averages are still holding their ground as support zones. That's what matters right now. When all the MAs line up and hold, it usually means something's brewing underneath the noise. The selloff churn feels like the market testing resolve rather than signaling genuine weakness.