The market trend on the 1-hour chart of DUSK clearly reflects the changing mentality of retail investors—when the price surged from 0.05096 to 0.06080 and the moving averages showed a bullish alignment, a bunch of retail traders followed the trend and chased the high. As a result, the price immediately dropped after reaching a high, breaking below the MA7 level (0.05888), and those who entered early started to cut their positions collectively, causing the price to retrace to around 0.05812.
The current situation is a bit awkward. The price is fluctuating below the MA7, and retail investors are caught in the typical "cold at the top" mentality—they want to buy the dip but are afraid of getting trapped. The key level to watch is whether the MA20 (0.05716) can hold steady. If the price retraces to this level and stabilizes, retail investors might regain confidence and attempt a low-buying wave. But if it truly breaks below, it will likely trigger panic selling and stop-losses. Conversely, every time the price rebounds and hits the MA7 level, the enthusiasm for chasing the high clearly cools down, and it fails to generate any effective support.
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BridgeTrustFund
· 8h ago
It's the same old story, retail investors chasing highs and getting crushed, it happens every time.
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MA7 can't even hold steady, and you still want to buy the dip? I think it's risky.
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If it breaks below 0.05716, just cut your losses directly, don't wait.
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That's why you need to stay alert—buying at high levels is always the most亏损 group.
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The moving average alignment looks good, but when it comes to critical moments, it's just a decoration.
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Weak rebound signals are the most dangerous; there's no support at all.
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Repetitive friction at 0.05812 suggests we might continue to test lower.
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Retail investors' mentality is really obvious—buying a little when it rises, selling a little when it falls, a leek's buffet.
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If MA20 breaks, it's basically dead; panic selling will be especially fierce then.
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CryptoCrazyGF
· 13h ago
Oh no, it's the same old trick again. Retail investors really can't learn.
It's the story of the high-position bagholder again, with MA7 suppressing everything, unable to break through at all.
MA20 will reveal its true strength; if it breaks, it's really time to cut losses.
View OriginalReply0
BanklessAtHeart
· 23h ago
It's the same old trick, those chasing highs always get caught.
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If the MA20 isn't stable, retail investors will have to cut losses and run.
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Typical pump-and-dump, with no supporting strength at all.
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That's why I only focus on bottom breakouts; chasing highs is really a death wish.
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Let's see if it can hold at 0.05716, otherwise, another wave of losses is coming.
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It's always like this—when a bullish arrangement appears, it's time to be cautious.
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Retail investors' mindset is being tightly controlled, so true.
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The rebound hits resistance at MA7, this bearish pressure is quite strong.
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I just want to know where the bottom really is; when will this wobbling end?
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As long as it doesn't break the MA20, there's still hope; if it breaks, just admit defeat.
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Those chasing high levels should reflect on themselves; how many people has this trick fooled?
View OriginalReply0
StakeWhisperer
· 01-12 06:40
Here we go again with this routine, chasing highs and getting trapped, still holding onto key levels, a typical retail investor script
MA20 can't hold and crashes directly, now it's all about luck
Rising to 0.06 so smoothly, dropping back down is also quite fierce... this is the "liquidity" we want
Even after breaking below, still hesitating about when to buy the dip, it's a bit late now, friends
MA7 is like an invisible wall, every time it gets stuck here, really solid
How are those who chased at high levels doing? Can they still hold on?
View OriginalReply0
HashRateHustler
· 01-11 05:53
The typical chasing high and getting crushed rhythm, it looks painful
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If MA20 doesn't break, I will hold on stubbornly; if it breaks, I will admit defeat. It's not that complicated
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Retail investors are always catching the bag at high levels, and this time they got caught again haha
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When it rebounds to MA7, no one is willing to buy anymore. This is what it feels like to be trapped
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Instead of waiting for stabilization, it's better to go all-in and bottom fish, take a gamble
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Bullish arrangement? No way. This is a signal of the market maker cutting the leeks
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I'm too afraid to move now. If it drops another hundred points, I will consider entering
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I already said not to chase highs, and now it's all in the bag
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If MA20 can really hold, the bottom might be right here
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Every rebound can't break through MA7, this resistance level is a bit stubborn
View OriginalReply0
SoliditySlayer
· 01-11 05:44
It's the same old trick again; those chasing the high are all trapped. Once the MA20 breaks, you have to run.
View OriginalReply0
MoodFollowsPrice
· 01-11 05:42
Starting to have a bearish mindset again, this wave is really just a harvest of retail investors
Retail investors get trapped as soon as they come in, and still have to wait for the bottom to buy in, can MA20 hold...
Every time I hit MA7, I lose momentum, and the rebound strength is too weak
Watching brothers cut positions at high levels, I also need to think more about whether to run
That's why I hate chasing highs, I've already calmed down and just sit tight
View OriginalReply0
FOMOmonster
· 01-11 05:38
This move is really amazing; retail investors are all trapped and exhausted.
If you can't make money, blame the moving averages for being weak—laugh out loud.
MA20 can't hold up and breaks outright; don't blame others when the time comes.
Chasing highs is basically taking the role of the sucker; can't you learn?
Rebound then drop, rebound then drop—when will this torment end?
Watching MA7 repeatedly rub, I know there's no hope in this wave.
Is there really a bottom? I honestly don't know.
The market trend on the 1-hour chart of DUSK clearly reflects the changing mentality of retail investors—when the price surged from 0.05096 to 0.06080 and the moving averages showed a bullish alignment, a bunch of retail traders followed the trend and chased the high. As a result, the price immediately dropped after reaching a high, breaking below the MA7 level (0.05888), and those who entered early started to cut their positions collectively, causing the price to retrace to around 0.05812.
The current situation is a bit awkward. The price is fluctuating below the MA7, and retail investors are caught in the typical "cold at the top" mentality—they want to buy the dip but are afraid of getting trapped. The key level to watch is whether the MA20 (0.05716) can hold steady. If the price retraces to this level and stabilizes, retail investors might regain confidence and attempt a low-buying wave. But if it truly breaks below, it will likely trigger panic selling and stop-losses. Conversely, every time the price rebounds and hits the MA7 level, the enthusiasm for chasing the high clearly cools down, and it fails to generate any effective support.