In the short term, the bears may have a chance, but judging from the larger trend, this kind of pullback is more like an active accumulation phase.
Common CME futures gaps in the market are often gradually absorbed. Although the current price movement has given the bears a chance to breathe, the strength of the bottom support has not weakened. Once the rebound phase starts, it often comes faster and more aggressively than expected.
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DAOdreamer
· 01-08 00:34
The bears are about to be suppressed again; this wave of accumulation is really fierce.
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EthSandwichHero
· 01-06 21:58
The bears are causing trouble again, still trying to fill the gap... If the bottom couldn't hold, it would have broken long ago. This current situation is actually a buildup before the rise.
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NotFinancialAdvice
· 01-06 21:55
The bears are about to get beaten again; this wave of accumulation is truly unbeatable.
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APY追逐者
· 01-06 21:48
Shorting opportunity? Haha, wait to get reversed. The bottom support is still holding strong.
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CryingOldWallet
· 01-06 21:31
Shorts are just trying to fill the gap, but aren't they just being absorbed? Don't overthink it.
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PuzzledScholar
· 01-06 21:29
Hmm... it's the same old story, quick rebound and strong rebound, but why didn't it recover my losses faster?
Can CME gaps be filled?
In the short term, the bears may have a chance, but judging from the larger trend, this kind of pullback is more like an active accumulation phase.
Common CME futures gaps in the market are often gradually absorbed. Although the current price movement has given the bears a chance to breathe, the strength of the bottom support has not weakened. Once the rebound phase starts, it often comes faster and more aggressively than expected.