Consolidation is the breath before the storm; if 9.572 holds, both bulls and bears are waiting for the first drop of blood!
LPT's 1-hour chart is making people tense! The price seems to be welded at 9.572 USDT on this tightrope.
Brothers who understand can see the mystery at a glance: this position is both support and resistance.
The order ratio -0.04% is the evidence; both long and short orders are waiting for the other side to collapse first.
Crow's View: This support is a 'paper tiger', the volume is not enough to poke through! The key lies in the Fibonacci-marked life and death line:
The 38.2% retracement level at 9.572 is the tightrope we are currently walking.
The 50% retracement level at 9.199 is the real stronghold; if it breaks, look here.
Want to go up? 9.600 is the ghost gate, 11.000 is the heavenly palace! Don’t dream without huge buy orders.
Latest news:
Coinbase Pro lists LPT/USD perpetual contracts.
This knife has been sharpened for two days! It's true that liquidity has been added in the short term, but the dog's contract scythe is already eager to strike.
Historical script: Small coins launch large contracts, first driving prices high to liquidate shorts, then crashing to liquidate longs is the norm! Beware of good news turning into a slaughterhouse.
Livepeer announces a small node collaboration with Farcaster.
It's a minor positive fundamental, but in a volatile market, the dog traders love to use such news as a smokescreen! Don't get too excited; prices will still drop if they need to.
Crow's bloody tears experience:
Last month, a certain altcoin also stuck at support for a day, with the order ratio near zero, looking as steady as a mountain.
As a result, a false breakout in the early morning lured in longs, and as soon as the trend-following orders entered, the dog traders turned and executed a head-cutting move, crashing through support and causing a wave of liquidations in just 20 minutes!
Today, LPT's deadpan market is too familiar! 9.572 is the fuse of the powder keg. Only if it stabilizes above 9.580 can we hope to touch 9.60 without volume being a false breakout?
Run! If the volume breaks below 9.569/9.560, the next stop must be the integer bottom at 9.500, or even the Fibonacci stronghold at 9.200!
Brothers, keep a close eye on the order book! 9.572 must see life and death today! Bet on whether the dog traders will 'first blow up the shorts, then break through' the contracts, or directly break and stab the heart.
Bet in the comments! Brother Crow is online waiting for divine prophecies.
Remember: at key levels, slow hands get cut, quick hands get their throats slit.
I am Brother Crow, a leader in the crypto circle, only serving those who dare to act. If you don't know what an effective breakout point is, you can follow me, and I'll guide you step by step! If you can't do it, feel free to come to the comments and wake me up with your criticisms.
