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I shared the concept of the life candlestick pattern during this market cycle some time ago and have been following it closely. My judgment is that this cycle is not over yet. After a round of震荡洗盘 (oscillating shakeout), it has now started to rise again. I discussed with a few friends, and everyone's psychological expectation for the bottom range is 300,000-350,000. Last night, it indeed dropped to a low of 310,000, which basically confirmed the support level. Tonight, influenced by market sentiment, it surged directly to a high of 1,300,000, and the increase is quite significant. If you still have positions, you might consider holding on, as there could still be room for further gains at this point.
If you ask me, this is the aura of mainland ups and downs. The shakeout was thorough, so a rebound is natural. The 130W increase looks impressive, but the key is whether it can hold steady afterward.
Honestly, I was a bit scared—almost got chopped into a leek during the 310K wave. Luckily, I followed your life K-line concept.
This point definitely still has potential, but we need to be cautious of market sentiment's unpredictability. Otherwise, we might have to build a bottom again.
Continue holding the position, but keep the caution flag of a bearish signal in mind.
130W This wave of increase is indeed amazing, but I always feel that after such a rapid rise, a sharp drop is likely.
You explained the life candlestick theory quite clearly, but I still prefer to look at on-chain data for insights.
Wait, you said the support level was validated? Then why did it rise again so quickly? Shouldn't it have oscillated for a few more days?
I'm still debating whether to chase or not, afraid of buying high.
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Raising directly to 130W so aggressively feels a bit fake.
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How many times have you explained the life K-line theory? Haha.
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Is there still room for further movement? I feel like this is just a rebound.
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Did you really not cut your losses when it dropped to 31 last night? Impressive.
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Will this support level hold? What if it drops again next time?
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The 130W increase was indeed rapid, but how likely is it to fall back immediately?
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Continuing to hold requires mental preparation, after all, anything can happen in the crypto world.
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How accurate are your predictions? I want to copy your homework.