Long-term trading and reviewing will help us develop market awareness. Last night's surge gave me the intuition that it was more like the final frenzy of the bulls. The market has not yet validated my intuition, but after having such negative thoughts, staying on the sidelines is my best choice. The bearish trend has not formed yet, so shorting is still not the current choice. Currently, the best option for the market is to wait and see how it develops.
Market analysis: The current expectation for Bitcoin is a double top. Last night, it retraced to the support of the box, and the rapid rebound seems like an abnormal and excessive rise, more like a rush to the peak. Shorting requires patience. Drawing lines is just a hypothesis, and the market may not necessarily follow the hypothesis. However, if the market validates the hypothesis, then decisively go short!
Welcome to follow our official account:
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。