Been watching BMNR's price action lately—six consecutive bottoms forming on the chart, which is honestly starting to look like a comedy sketch at this point. The pattern suggests some serious consolidation happening, or maybe it's just the market having a laugh with us.
Sextuple bottoms are rare to spot, and when they do show up, they typically signal that buyers and sellers are in a tight tug-of-war. You've got support testing repeatedly, which could mean the floor is holding firm, or it could just be traders getting rejected over and over again.
The question now is whether this support actually holds, or if we're about to see another dip that makes the whole thing even funnier (or more painful, depending on your position). Either way, it's the kind of technical setup that keeps traders glued to their screens.
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SillyWhale
· 01-16 10:49
The six bottoms really can't hold anymore. This thing keeps testing support repeatedly, like trial and error... Either it stays flat like this, or a sharp decline will break through the support directly. I really can't gamble on it.
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GasWastingMaximalist
· 01-16 10:46
All six bottoms have appeared; damn it, it needs to rebound, or it will really become a joke.
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ETHReserveBank
· 01-16 10:44
Six bottoms repeatedly hitting the bottom, it's really hilarious. I'm exhausted just looking at the chart... This time, either a surge with high volume or a continued drop to hit the limit down and torment us.
Been watching BMNR's price action lately—six consecutive bottoms forming on the chart, which is honestly starting to look like a comedy sketch at this point. The pattern suggests some serious consolidation happening, or maybe it's just the market having a laugh with us.
Sextuple bottoms are rare to spot, and when they do show up, they typically signal that buyers and sellers are in a tight tug-of-war. You've got support testing repeatedly, which could mean the floor is holding firm, or it could just be traders getting rejected over and over again.
The question now is whether this support actually holds, or if we're about to see another dip that makes the whole thing even funnier (or more painful, depending on your position). Either way, it's the kind of technical setup that keeps traders glued to their screens.