The overall trend of the current market remains healthy. Although there was a rapid dip in the early trading session, the trading volume clearly increased—this precisely indicates that profit-taking is being concentrated.
At the moment, the market is in a typical emotional game phase. On one side are the on-site holders eager to lock in profits and escape, while on the other side are the off-site observers cautiously watching and staying put. Interestingly, as the index gradually recovers, the concentration of main chips continues to rise. This phenomenon has a name—the most typical characteristic of a bull market frenzy.
After working in this industry for a long time, I understand one principle: trading cryptocurrencies is never a matter of one or two days. As long as there is no clear profit-taking signal, hold your coins steadily. But on the other hand, if the market really shows risk signals, I will definitely alert everyone immediately.
Regarding the direction this afternoon, my judgment is very straightforward: there is no reason for the market to continue weakening. There’s no need to worry. Relax your mind and just watch the market carefully.
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LiquidationWatcher
· 01-07 23:11
It's the same old story, increasing trading volume means the main force is accumulating? Alright, I choose to believe you.
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FrogInTheWell
· 01-07 07:50
The characteristics of a bull market are indeed obvious, and the concentration of chips is very important.
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Hold steady and it's all good, don’t keep thinking about taking profits or cutting losses all day.
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I thought the market was about to explode when it dipped in the early session, but is this all?
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Main players are accumulating chips, retail investors are fleeing, old tricks.
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What you said makes sense; anyway, it’s not going to fall further.
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An increase in trading volume is the real signal; this time is different.
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Waiting for risk signals, but it feels like there are very few signals this year.
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I just want to know when will be the real take-profit point.
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This round is indeed a bit crazy; I’ve already cut my position in half.
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The concentration of chips sounds scary, but it’s actually the main players shaking out the weak.
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The afternoon market looks so vigorous, suddenly I feel a bit uneasy.
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fren.eth
· 01-07 07:49
The bull market is really here; hold steady and it's all good.
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LightningAllInHero
· 01-07 07:36
Is the bull market coming? Hold steady with your coins and don't mess around.
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MevWhisperer
· 01-07 07:23
This wave is indeed a shakeout. Increasing the concentration of chips is not a bad thing; I'm just worried that everyone might be scared out by the sell-offs.
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MEV_Whisperer
· 01-07 07:23
Talking about the crazy bull again, I just can't see it at all.
The overall trend of the current market remains healthy. Although there was a rapid dip in the early trading session, the trading volume clearly increased—this precisely indicates that profit-taking is being concentrated.
At the moment, the market is in a typical emotional game phase. On one side are the on-site holders eager to lock in profits and escape, while on the other side are the off-site observers cautiously watching and staying put. Interestingly, as the index gradually recovers, the concentration of main chips continues to rise. This phenomenon has a name—the most typical characteristic of a bull market frenzy.
After working in this industry for a long time, I understand one principle: trading cryptocurrencies is never a matter of one or two days. As long as there is no clear profit-taking signal, hold your coins steadily. But on the other hand, if the market really shows risk signals, I will definitely alert everyone immediately.
Regarding the direction this afternoon, my judgment is very straightforward: there is no reason for the market to continue weakening. There’s no need to worry. Relax your mind and just watch the market carefully.