JELLY has fallen from a 24-hour high of 0.09672 to 0.07836, a drop of nearly 19%. In the short term, this adjustment has been quite sufficient, receiving clear support at the level of 0.07160, which provides a technical basis for a rebound.
What's more interesting is the performance of the funding side. Although there is a net outflow in medium- and long-term contracts, short-term funds in the 5-minute, 15-minute, and 30-minute intervals are actually flowing in against the trend, indicating that there is considerable capital starting to bottom out at this position, and the willingness of bulls is clearly increasing.
The resonance of technical and capital aspects presents a good opportunity to go long. It is recommended to enter with a light position and set the stop loss below 0.0715. If the risk is well controlled, this position is worth a try. Of course, if you are not confident in your judgment, waiting and observing is also fine; there are plenty of opportunities in the market.
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LightningWallet
· 46m ago
Sigh... another 19% drop. This wave is really fierce, but I think the bottom signals are becoming more and more obvious.
Wait, the short-term capital outflow is interesting. It really feels like someone is trying to catch the bottom.
Technical and capital aspects aligning—this kind of resonance is really rare.
But I still have to wait; I got caught the last time doing the same thing.
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ExpectationFarmer
· 12-23 07:58
Short-term funds are buying the dip, but it still feels a bit dangerous. The outflow in the medium to long term feels awkward no matter how I look at it.
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SellTheBounce
· 12-23 07:43
After a 19% fall, people start talking about support and rebound... there will always be lower points waiting, so don't rush to catch a falling knife.
When there's a rebound, it's time to sell; this is the trading philosophy, everyone.
Short-term capital inflow? Ha, this is precisely the most dangerous time when dumb buyers start to act.
History tells us that every time, someone gets trapped at the "obvious support level"; being patient is definitely not wrong.
It sounds nice, but it's actually a bull trap; I've seen it many times.
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ConsensusDissenter
· 12-23 07:41
The short-term capital inflow is indeed interesting, but I still think this kind of resonance phenomenon can easily lead to self-hypnosis. Let's wait for another 5% fall to see where the bottom is before discussing it.
JELLY has fallen from a 24-hour high of 0.09672 to 0.07836, a drop of nearly 19%. In the short term, this adjustment has been quite sufficient, receiving clear support at the level of 0.07160, which provides a technical basis for a rebound.
What's more interesting is the performance of the funding side. Although there is a net outflow in medium- and long-term contracts, short-term funds in the 5-minute, 15-minute, and 30-minute intervals are actually flowing in against the trend, indicating that there is considerable capital starting to bottom out at this position, and the willingness of bulls is clearly increasing.
The resonance of technical and capital aspects presents a good opportunity to go long. It is recommended to enter with a light position and set the stop loss below 0.0715. If the risk is well controlled, this position is worth a try. Of course, if you are not confident in your judgment, waiting and observing is also fine; there are plenty of opportunities in the market.