#数字货币市场洞察 VFY’s recent price action has attracted attention. Observing on-chain capital flows, the current inflow momentum has clearly weakened—this signal should not be ignored. On the 15-minute and 1-hour timeframes, signs of prices pulling back after a surge are quite clear—a typical topping signal. There are no shortage of large holders shifting their positions at high levels in the market, with evidence of distribution gradually emerging. This rally is likely a bull trap, ultimately ending with retail participants being harvested.



From a technical perspective, a pullback seems inevitable. If you’re considering following the bearish direction now, pay close attention to the first support below—this should correspond to the edge of the previous consolidation platform. If this level is breached, further selling pressure will target the second support level. Market opportunities are fleeting; hesitation often means missing out on profits.
VFY-7.62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BlockchainBrokenPromisevip
· 12-09 15:00
Waiting to feast on retail investors
View OriginalReply0
NotFinancialAdviservip
· 12-09 14:56
Resistance levels need to be cleared in advance
View OriginalReply0
NFTRegretfulvip
· 12-09 14:50
The key is to watch the support level.
View OriginalReply0
WhaleShadowvip
· 12-09 14:46
Short positions have already been set up.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)