#美联储重启降息步伐 CC has recently shown clear signs of bearish absorption. From the price action, the psychological level of 0.08 has indeed tested the patience of many holders—some placed orders attempting to bottom-fish, but ultimately halted around 0.078. However, the market did not pause. As of today, at the price range near 0.072, market participation has clearly heated up. Some traders have started to build positions in batches, with both aggressive one-time entries and strategies of averaging down by buying in installments. This repeated testing around key round-number levels is essentially a process of price discovery between bulls and bears. Especially with the backdrop of the Fed’s expected rate cuts, mid-cap coins like this often become hotspots for capital attention.
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screenshot_gains
· 12-09 04:28
We really need to hold the 0.072 level here, otherwise it's going to hit a new low again.
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BearMarketSurvivor
· 12-09 04:27
The 0.072 level is really being tested repeatedly, it's a bit annoying.
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ZkSnarker
· 12-09 04:14
well technically the whole 0.08 → 0.078 → 0.072 thing is just price discovery cosplaying as volatility, ngl. imagine if people spent this much energy on actual tokenomics instead of psychologically obsessing over round numbers lmao
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LiquidatorFlash
· 12-09 04:01
The 0.072 level is indeed being tested repeatedly, but be cautious of the liquidation risk from high leverage wipeouts.
#美联储重启降息步伐 CC has recently shown clear signs of bearish absorption. From the price action, the psychological level of 0.08 has indeed tested the patience of many holders—some placed orders attempting to bottom-fish, but ultimately halted around 0.078. However, the market did not pause. As of today, at the price range near 0.072, market participation has clearly heated up. Some traders have started to build positions in batches, with both aggressive one-time entries and strategies of averaging down by buying in installments. This repeated testing around key round-number levels is essentially a process of price discovery between bulls and bears. Especially with the backdrop of the Fed’s expected rate cuts, mid-cap coins like this often become hotspots for capital attention.