海绵进化论
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Many people feel that BTC has risen too quickly in recent days, soaring to 80,000, as many expected the 80,000 mark to take a couple of months, but it arrived in just a week.
In the first half of the year, I repeatedly emphasized the characteristics of this bull market: 1 is that it rises without looking back, focusing on being light and easy to pull, making you hesitant to get on board; 2 is that it moves sideways in a cruel manner, neither going up nor down, focusing on torment, making it difficult for you to go long or short.
Currently, from the perspective of the slope of the moving averages, it is indeed very high, and there is a demand for consolidation or pullback for repair. However, having demand does not mean that it must be met. Right now, the big pie has completed a bullish trend resonance from small levels to large levels, and to disrupt this resonance, it has to be destroyed step by step from small levels to large levels, and it is clear that the current bears do not possess such power.
In the first half of the year, I repeatedly emphasized the characteristics of this bull market: 1 is that it rises without looking back, focusing on being light and easy to pull, making you hesitant to get on board; 2 is that it moves sideways in a cruel manner, neither going up nor down, focusing on torment, making it difficult for you to go long or short.
Currently, from the perspective of the slope of the moving averages, it is indeed very high, and there is a demand for consolidation or pullback for repair. However, having demand does not mean that it must be met. Right now, the big pie has completed a bullish trend resonance from small levels to large levels, and to disrupt this resonance, it has to be destroyed step by step from small levels to large levels, and it is clear that the current bears do not possess such power.
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