Price action is consolidating around the BE level, and the overall market structure is flashing bearish signals right now. The technicals aren't looking particularly bullish at this juncture, so traders might want to stay cautious with positioning until we see some clearer directional confirmation.
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AltcoinMarathoner
· 7h ago
ngl, this is just mile 18 energy. consolidation around BE? that's literally every ultra-marathon's gut check moment. sure, bearish signals on the daily, but zoom out... ecosystem metrics are still climbing steadily. been through this dance before, not sweating it.
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FrogInTheWell
· 7h ago
Consolidation after consolidation, when will it finally break out?
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Blockblind
· 7h ago
Wait, is this round of adjustment really that dangerous? It feels like the old trap is being repeated again.
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LeekCutter
· 7h ago
Hmm... it's another one of those "let's wait and see" markets, so annoying.
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SerumSqueezer
· 7h ago
Wait, is this BE position a short position signal? Damn, I have to wait for confirmation again.
Price action is consolidating around the BE level, and the overall market structure is flashing bearish signals right now. The technicals aren't looking particularly bullish at this juncture, so traders might want to stay cautious with positioning until we see some clearer directional confirmation.