2026-01-10 00:23:08

Some Observations on TRX

I have been paying attention to this coin for over a year. The recent trend has some noteworthy points. After a rapid surge just now, the price experienced a clear break below. On-chain data shows that large transactions are increasing.

Market sentiment indicates some bearish signals. Looking downward, there still seems to be plenty of room for the price to fall. Of course, any trading decision should be based on your own risk tolerance. For those who are bearish, this is indeed a position worth paying attention to. But remember, futures trading carries significant risks and should be approached with caution.

The market is ever-changing, so it’s recommended to closely monitor the subsequent trends and avoid blindly following the crowd.

TRX0.25%

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ETHmaxi_NoFilter

· 8h ago

TRX is starting to perform again. If it breaks the level, so be it. I've already grown tired of it anyway. I'll wait until it hits the bottom before making a move.

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GreenCandleCollector

· 10h ago

Breaking below support so obviously, does anyone really dare to buy the dip? --- Increase in block trades... Looks like a sell-off is coming. --- Wait, is this wave a retest of support or just a free fall? --- Contract traders are about to get liquidated again, feeling a bit sorry for them. --- The bearish signals are so obvious, but I’ll wait and see. --- It's been a year and I still haven't figured out this coin, that's just crazy. --- If the market sentiment is so bearish, just say so and let it fall. Why be so poetic? --- How much room is left below? That’s the real question. --- Usually, after breaking support, it accelerates downward. Don’t ask me how I know. --- It's the same old risk warning again. If it really drops, who can avoid getting caught?

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GateUser-02b5f211

· 01-10 01:30

Experienced driver, guide me 📈

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FundingMartyr

· 01-10 00:49

It broke out, and this move is really aggressive. The large transfers are so frequent and it's still pushing downward, feels like there's still hope. --- Did I just realize this after observing for a year? I was already bearish long ago, now I'm actually afraid of bottoming out. So difficult. --- Don't persuade me to be cautious, I gamble every day, I'm used to it. --- On-chain data is definitely lying. The funds are so empty but no one is running, waiting for liquidation. --- It will break out again after the breakout. The space is really unpredictable, feels like it can still push further. --- An increase in block trades doesn't necessarily mean a sell-off, could it be accumulation? --- Contracts are just gambling. If you're bearish, just short. Why bother with all the nonsense? --- It's that same "be cautious" routine. No one in the market has ever been cautious. --- Is there room to go down? I look down and TRX drops straight to zero.

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rugpull_ptsd

· 01-10 00:47

TRX's recent break below is a bit outrageous; it was obvious early on that big players are quietly exiting.

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LuckyBlindCat

· 01-10 00:47

TRX's recent breakdown is indeed a bit uncomfortable. The large-volume trades have increased, and it seems like someone is definitely offloading... The bearish position is worth sitting on, just don't be greedy and get caught in a rebound. But to be honest, if the contracts get wiped out directly, we still need to be cautious...

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GweiTooHigh

· 01-10 00:40

TRX this break below is really not a bluff, the block trades are so fierce, there is still room, but I am still scared. It's okay to be bearish, but forget about contracts, afraid of being instantly killed. Usually, after a break below, it's a test of mentality. I choose to lie flat and observe. The funding environment is somewhat bearish, this signal is indeed a bit aggressive, gotta be careful. Rallying high then breaking below? Ridiculous, feels like a new tactic is coming. What does an increase in block trades mean? Signal of a dump? Or institutions absorbing shares? Friends who still have the courage to buy the dip after a break below are really hardcore. I truly can't understand this move.

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StableGeniusDegen

· 01-10 00:32

Breakdown, I said that the surge yesterday was too fast and suspicious. The block trade volume has increased, and the outlook is indeed downward. But I still remain optimistic about the long term; short-term trading with contracts is still too risky.

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MEVHunterBearish

· 01-10 00:30

TRX has broken out again. I knew this rally wouldn't last, big players are dumping, and on-chain data is all there... There's still room for growth, but how many really dare to buy the dip? Don't gamble your life on contract risks.

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