彼得兔
彼得兔|Sep 17, 2026 11:33
In yesterday's tweet, we mentioned that if CRCL's daily candle closes above 80.56 and no new lows are made afterward, it would indicate that the first wave of the four-hour level decline starting from 103.28 might be over (marked in red on the chart). Currently, we maintain this view. If the price doesn't drop below 80 again, it will increase the likelihood that the first wave of the decline has ended, with confirmation coming after breaking and holding above 84.2. The key resistance level above 84.2 is at 93.77. If the price can rise to this level, it would suggest that the move starting from 78.26 is a strong rebound. This would serve as solid evidence supporting our judgment that "the move starting from 103.28 is a correction rather than a new downtrend," because if it were a trend-based decline, it’s unlikely we’d see a rebound of this magnitude after the first wave of the decline ends. After the rebound from the red-marked decline ends, CRCL will continue searching for its adjustment endpoint. This adjustment endpoint will be the best entry opportunity for those who missed out on the CRCL trend—and possibly the last chance.
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