After ICP broke below $2.82, the previous short-term bullish plan has become invalid. Now, I am mainly focusing on the evolution of the yellow scenario line. Once the price re-establishes above that downward trend line, it may just be an ABC correction pattern rather than a direct reversal. In simple terms, it depends on whether it can break through the trend line again—if it can, then the subsequent direction is worth paying close attention to. The current position still has uncertainties.
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ImpermanentPhobia
· 10h ago
Dropped again... Seeing you all discuss so enthusiastically, I really can't understand when that yellow line will break through. It feels like I'm waiting forever.
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OldLeekConfession
· 11h ago
Fell below again? ICP really can make people's blood pressure soar.
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DegenRecoveryGroup
· 11h ago
It has dropped again... Looks like I need to wait a bit longer; the trend line is probably the real signal.
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MerkleDreamer
· 11h ago
It has dropped again. The bullish plan is pointless. This market trend is really frustrating.
After ICP broke below $2.82, the previous short-term bullish plan has become invalid. Now, I am mainly focusing on the evolution of the yellow scenario line. Once the price re-establishes above that downward trend line, it may just be an ABC correction pattern rather than a direct reversal. In simple terms, it depends on whether it can break through the trend line again—if it can, then the subsequent direction is worth paying close attention to. The current position still has uncertainties.