Bitcoin against Euro faces critical crossroads. The uptrend that many traders have been banking on is showing signs of genuine exhaustion. What makes this different from typical pullbacks? The price action has lingered in a consolidation zone for 440 days—double what we saw in previous ranging periods—before finally breaking through support levels that previously held market structure. This extended accumulation phase followed by key breakdown suggests we're looking at distribution rather than the kind of healthy correction that usually precedes new highs. Market participants should pay close attention to how price responds at these new lows; the structure has shifted, and traders riding the prior upside need to reassess their positioning.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
9
Repost
Share
Comment
0/400
NotSatoshi
· 01-15 19:14
440 days of consolidation and breakdown, this time really different... The brothers who went all in before must be panicking now.
View OriginalReply0
ProxyCollector
· 01-15 16:20
440 days of consolidation... This time really feels different, like something's about to happen.
View OriginalReply0
RektCoaster
· 01-15 14:14
440 days? Haha, this time is different. It really feels like it's about to collapse.
View OriginalReply0
NftBankruptcyClub
· 01-12 20:12
440 days of consolidation, this time really feels different... I sense something might happen.
View OriginalReply0
RooftopVIP
· 01-12 20:12
440 days... This time really feels different, like it's going to crash.
View OriginalReply0
0xSoulless
· 01-12 20:12
440 days of consolidation? Damn, this time it's really going to cut people. The big funds have already exited.
View OriginalReply0
DaoResearcher
· 01-12 20:10
440 days of consolidation and breakdown? From a white paper perspective, this is a distributed selling pressure signal, and the market structure argument has already failed.
View OriginalReply0
VitalikFanAccount
· 01-12 20:10
440 days of consolidation... This time it's really different, I feel something's going to happen
View OriginalReply0
ApeShotFirst
· 01-12 19:54
440 days? No way! I thought it was just a casual consolidation, and it doubled? This is really on the verge of collapsing.
Bitcoin against Euro faces critical crossroads. The uptrend that many traders have been banking on is showing signs of genuine exhaustion. What makes this different from typical pullbacks? The price action has lingered in a consolidation zone for 440 days—double what we saw in previous ranging periods—before finally breaking through support levels that previously held market structure. This extended accumulation phase followed by key breakdown suggests we're looking at distribution rather than the kind of healthy correction that usually precedes new highs. Market participants should pay close attention to how price responds at these new lows; the structure has shifted, and traders riding the prior upside need to reassess their positioning.