Australia's benchmark index is showing troubling signs lately. With rate cuts seemingly off the table for now, are we staring at deeper corrections ahead? The technical picture isn't encouraging either—recent backtest attempts fizzled out without much conviction. Main momentum? Still pointing south. Those downside targets everyone was skeptical about a few weeks ago are starting to look less far-fetched. Risk-off sentiment might be settling in across traditional markets, which usually ripples into crypto volatility too.
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LoneValidator
· 12-12 15:03
The Australian stocks are really a bit panicked this time, the technicals are weak... the crypto world can't escape.
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ETHReserveBank
· 12-12 02:45
The Australian index is going to cool off... It's hard to watch. No hope for interest rate hikes, and the decline has to continue?
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CryptoCross-TalkClub
· 12-11 03:48
Australian index this wave of operation is the same as my crypto live stream yesterday—all fake breakouts, truly falling
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Laughing to death, rate cuts are gone, technicals are also weak, this is the market telling us that it's time for the retail investors to pay tuition fees
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Dear old friends, after the rate cut is gone, risk assets are about to dive, our crypto is just following the trend
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Those early calls for downward targets, now it seems they weren’t just random shouts, how embarrassing is that, everyone
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Traditional markets risk-off, the crypto circle has felt the knife already, we always lose money one step ahead of them
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Backtests on technicals have all failed, indicating this drop is real, don’t expect a V-shaped rebound, everyone
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Looking at this trend, it’s more despairing than project team跑路, it’s good if mainstream coins can hold their ground
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ser_we_are_early
· 12-10 08:02
The Australian index really can't hold on, and the currency circle has to be tossed with it
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WenMoon42
· 12-10 08:01
This wave of Australian stocks is really going to pull the crotch, and the crypto circle is going to fall with the trend
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DataChief
· 12-10 08:01
The Australian index is indeed a bit scary, interest rates are estimated to be out of play, and the downward target seems to be really coming
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GateUser-bd883c58
· 12-10 07:52
Australia's technical side is really a bit miserable, and the downward target feels like it is about to be fulfilled...
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SelfSovereignSteve
· 12-10 07:40
The Australian stock market really can't hold back, looking at the technical side of the virtue... The downward target is probably not able to be avoided this time
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SilentObserver
· 12-10 07:36
Australia's wave is really a bit fierce, and I can't hold it a little haha
Australia's benchmark index is showing troubling signs lately. With rate cuts seemingly off the table for now, are we staring at deeper corrections ahead? The technical picture isn't encouraging either—recent backtest attempts fizzled out without much conviction. Main momentum? Still pointing south. Those downside targets everyone was skeptical about a few weeks ago are starting to look less far-fetched. Risk-off sentiment might be settling in across traditional markets, which usually ripples into crypto volatility too.