Looking at the daily timeframe for GMT/USDT, the momentum has completely shifted. Six months back, you had a solid uptrend going—but that all fell apart after November's sharp selloff. The structure broke down hard.
What we're seeing now? Lower highs and lower lows across the board. That's textbook downtrend behavior. Price keeps failing at resistance levels, and each bounce gets weaker than the last. The market structure tells you the bears are firmly in control—there's no ambiguity here.
The prior bullish setup is dead. Anyone holding onto that narrative needs to adjust their bias and respect what the chart is actually showing.
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MetaverseLandlady
· 6h ago
GMT, this crappy coin, has dropped so much that I lost my pants.
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AlphaBrain
· 01-11 15:48
Ha, it's another dead bearish narrative. GMT, this coin should have been abandoned long ago.
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PumpDetector
· 01-11 08:37
ngl, been calling this breakdown since november. lower highs into lower lows? that's not even a question mark on the chart, it's a period. bears got the keys fr fr
Reply0
FUD_Vaccinated
· 01-10 12:51
GMT is still falling. The wave in November really cut people like a river of blood. The downward structure is obvious and there's no hope at all.
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ChainWatcher
· 01-10 12:49
After this wave of decline, GMT is really hopeless...
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The downward structure is solid, each rebound is weaker than the last, this is probably the signal to cut losses.
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The November crash directly changed the pattern; now lower lows are everywhere, the bear market rhythm is tightly controlled.
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Brothers still waiting for a reversal, it's time to face reality... the chart won't lie.
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Damn this structure... no wonder it's been crashing recently, the upward trend is completely gone.
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screenshot_gains
· 01-10 12:49
It's true that I missed the sell-off. After the wave in November, it never rebounded again. Still dreaming about it.
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SatoshiNotNakamoto
· 01-10 12:45
Another coin that has collapsed, it's beyond saving after November. It's still making lower lows, the chart is useless.
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MondayYoloFridayCry
· 01-10 12:43
The recent drop in November was truly intense. Looking at the chart now, it's clear that the bears are in control.
View OriginalReply0
ProbablyNothing
· 01-10 12:43
GMT is really done for this time, with lower highs and lower lows, the bear market is in full control.
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CryptoCross-TalkClub
· 01-10 12:35
Laughing out loud, another "respect the chart" moment. I bet five yuan that the comment section below is full of "I'll wait a bit longer" retail investors.
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This round of GMT, from bull to bear, is moving faster than my stand-up comedy routine. Truly impressive.
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Lower highs, lower lows—that is, a continuous cycle of cutting the leeks. Experienced traders have already jumped on board.
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How do the brothers who are bullish on GMT feel now? Have they also started to "respect the chart"?
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Those who called for a bull six months ago are probably reflecting on life now. The crypto world really is a story a day.
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For those still holding on stubbornly, is this a "bottom-flyer" or a "historical opportunity"?
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The bear market structure is so clear. Anyway, I dare not bet on a rebound. It’s too heartbreaking.
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The previous bullish setup is dead. What about those who kept shouting "rise soon"? Are they dead too?
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By the way, this kind of downward rhythm is more heartbreaking than my stand-up comedy’s awkward silence.
GMT/USDT Technical Structure Update
Looking at the daily timeframe for GMT/USDT, the momentum has completely shifted. Six months back, you had a solid uptrend going—but that all fell apart after November's sharp selloff. The structure broke down hard.
What we're seeing now? Lower highs and lower lows across the board. That's textbook downtrend behavior. Price keeps failing at resistance levels, and each bounce gets weaker than the last. The market structure tells you the bears are firmly in control—there's no ambiguity here.
The prior bullish setup is dead. Anyone holding onto that narrative needs to adjust their bias and respect what the chart is actually showing.