#山寨币市场回暖 🔴 Technical Signal Warning: The trend may have really changed.

An important event occurred last week - after the price broke below the 50-week moving average, it was unable to regain that level. This is the first time since the 22,000 dollar mark. Technically speaking, the upward channel has failed. If there are no significant news in the coming months, the chances of a turnaround are slim.

Interestingly, this round of market conditions has slapped many traditional top indicators in the face. On-chain data and sentiment indices have basically fallen silent. Only the most mysterious thing, the time cycle, has proven true. The market hasn’t gone crazy, and users haven’t gotten high either; it just ended the battle in a cold atmosphere. What happened to the promised one-sided market? It didn’t happen. However, panic is very real.

This year so far, the return is only 2.5%. At this rate, it’s very likely we’ll be eating noodles by the end of the year. The entire trend is very similar to 2019—no bull market, just a frustrating fluctuation. Slowly rising, slowly falling, it neither gives you the chance to get rich quickly nor lets you lose everything overnight. Historical experience shows that after breaking below the 50-week line, there is usually a rebound, touching the moving average before continuing down. If you still have some profit, it might be a good withdrawal window.

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StakeOrRegret

· 11-17 13:58

The 50-week line didn't hold, I knew something bad was going to happen, I've said it before --- Is the 2019 trap back again? It's exhausting, it's still more comfortable to just lie flat --- When there's a pullback, run away, don't be greedy everyone --- On-chain data is completely frozen, only the time cycle is useful, this market is really something --- A 2.5% return rate is worse than a fixed deposit, haha --- If there's profit, hurry up and withdraw, don't wait to take the opposite position and get slapped in the face --- After the channel fails, it's bottom consolidation, now we have to endure for a while --- Why is on-chain data no longer effective? It feels like the entire market has changed --- Don't panic, those who survived in 2019 made a profit, it's just a question of who can endure

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Anon4461

· 11-17 13:57

The 50-week moving average has broken and hasn't returned; this time it feels serious, a bit scary. I really should take my profits; I don't want to repeat that torturous scenario from 2019. On-chain data is completely silent; the time cycle is the most ruthless. This wave of the market is really fucking strange. From the beginning of the year until now, I've only made 2.5%, it feels like I'm just playing around with the market, a bit speechless. When the window for a retracement comes, I have to leave, don't be greedy; I've learned my lesson.

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Ser_APY_2000

· 11-17 13:50

It's the same old story, the on-chain data is completely dead, it's really something. --- The 50-week line has been broken, and you still want to rebound? Are you dreaming? --- Those who survived back in 2019 are now all pros. --- To put it bluntly, there’s no popularity; the market is dead. --- Retracement window? I see it as a retreat window. --- 2.5% profit, haha, I'm starting with a 30% loss. --- I don't know how magical the time cycle is, but my money is really gone. --- Those who dared to increase the position after breaking the 50-week line should be regretting now. --- This round is really quiet; at least in the past, there was some excitement. --- If you ask me, everyone is just tired of watching; those who should run have already run.

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LightningLady

· 11-17 13:45

The 50-week moving average can't be held, this time it's really over... Should have closed all positions long ago.

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