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Looking at the recent trend, one thing is certain—the main force has completely abandoned the conventional manipulation method of pushing up and then pulling back. Normally, according to logic, the trend should be confirmed by a rebound to the midpoint of the daily chart, but what happened? They directly managed the sideways range, not even considering that approach. There are only two underlying reasons: either funds are being diverted for other uses, or the year-end profit distribution is imminent.
The most dangerous position currently is around 1.6—this is a significant psychological support level. Once this line is thoroughly broken, subsequent rebounds will turn into a hunting ground for high-leverage shorts. The entry logic at this point is crucial: those who haven't pre-positioned short positions or have already taken partial profits can patiently wait for a rebound to a reasonable level before acting. But the premise is—absolutely don’t rush to buy just because you missed the dip; passive chasing is the easiest way to suffer losses.
By the way, a reminder: besides the leading mainstream altcoins, the chase and sell-off in smaller coins is essentially gambling. Statistically, most of these operations are just providing a dumping tool for the big players. Instead of relying on luck, it’s better to stick to your risk management bottom line.