Both Bitcoin and Ethereum's four-hour K-lines are signaling a pullback, so this resistance level should be watched carefully. As for Polkadot, although there are no signs of divergence on the 30-minute chart, it's not a good time to chase the rally—even if it falls into the theoretical support zone, I wouldn't recommend bottom fishing at this moment. Two reasons: first, if the overall market trends downward, Polkadot will find it hard to stay unaffected; second, the four-hour chart for Polkadot has already formed a strong top pattern, making a downward move quite likely.
The entire market is still oscillating back and forth, with bulls and bears pulling in different directions, and the trend remains unclear. The best strategy right now is to wait. Don't rush to build positions; let the structure become clearer before following up.
Markets are unpredictable, but the sense of rhythm must not be lost. Before confirming a bottom signal, it’s wise to stay on the sidelines.
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New_Ser_Ngmi
· 22h ago
Wait, wait, wait. Is it really suicidal to buy the dip in Polkadot now? It seems like the decline has already been quite significant.
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NFT_Therapy_Group
· 01-03 08:55
Wait, wait, wait. It's the same old story—lying flat when the market is uncertain? I think we should take a contrarian approach.
Waiting for the structure to become clear? That'll be the Year of the Monkey and Horse—by then, we've already missed the dividends, brother.
I understand the reasoning, but I just feel itchy. What should I do?
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JustHereForAirdrops
· 01-03 08:53
Waiting for the bottom again, this time you really have to hold back.
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0xInsomnia
· 01-03 08:52
You're telling me to wait again, and hearing you say that, I really don't dare to move anymore.
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FantasyGuardian
· 01-03 08:49
Wait, wait, wait. Why does your analysis seem to be discouraging me from taking action? Haha, I can't even laugh.
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rugdoc.eth
· 01-03 08:45
Wait, again with this kind of volatile market, it's really annoying
You don't know that trying to buy the dip can be deadly, DOT is just a trap right now
It's best to stay on the sidelines, that's what I'm doing too
Midday market review.
Both Bitcoin and Ethereum's four-hour K-lines are signaling a pullback, so this resistance level should be watched carefully. As for Polkadot, although there are no signs of divergence on the 30-minute chart, it's not a good time to chase the rally—even if it falls into the theoretical support zone, I wouldn't recommend bottom fishing at this moment. Two reasons: first, if the overall market trends downward, Polkadot will find it hard to stay unaffected; second, the four-hour chart for Polkadot has already formed a strong top pattern, making a downward move quite likely.
The entire market is still oscillating back and forth, with bulls and bears pulling in different directions, and the trend remains unclear. The best strategy right now is to wait. Don't rush to build positions; let the structure become clearer before following up.
Markets are unpredictable, but the sense of rhythm must not be lost. Before confirming a bottom signal, it’s wise to stay on the sidelines.