Pai 🌲
Pai 🌲|May 19, 2026 09:50
Today, the highest price for Da Bing is 77800, the lowest is 76051, and now it is 76745. The amplitude throughout the day is less than 2%, but the difference in height can still be seen as a problem - the amount pulled up in the Asian market was all eaten back in the afternoon. FNG dropped to 25, extremely fearful. This number doesn't tell you that the market is about to reverse, it's that panic hasn't reached its peak yet. From extreme fear to true panic, there is still a way to go. The structure of the daily chart has not changed after a week of observation: it is sideways at a high level, the rebound is becoming weaker, and the volume has been shrinking. This is not building a foundation, there are still people who haven't finished. The US stock market opens tonight, and if semiconductors continue to kill, the cryptocurrency market will not be much better tonight. I don't really want to say anything discouraging, but this position is not worth betting too much on. Waiting for it to come out on its own is much more reliable than guessing the bottom.
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