5.7 The big pancake market will have a major reversal next

Hello everyone, I am Brother Panda, and what I'm saying today is quite important.

It relates to your own personal interests, so please watch patiently.

The previous short positions were fine; at that time I said we could reach 88,000,

Currently, it seems this is a preparation to shake out some short positions before the drop, and it looks like the rise isn't going to go much higher.

You can enter short positions now; I have also entered short positions. To be honest, I am quite surprised by how this is unfolding.

Is the power of the bears really that strong this time? When good news is released, we only see such a small rise, and such good news can still be suppressed by the main trend.

BTC 4-hour chart

The central area is a consolidating box, and the gap is the cost of the main force's upward push; in layman's terms, the gap represents the main institutions. Currently, the position is being pressed down by the daily level's main trend, along with a gap. You can understand the gap as the cost price for the market makers, not all of the costs, but the costs for the upward push at that time; this range was all bought up by the market makers. So, after the market makers finish buying, won't they sell? The gap needs to be filled, meaning institutions also need to cash out. These gaps will eventually be filled, so whether you are bullish or bearish, I believe this rise is intended to shake out the bears. If the bears disappear, $BTC will continue to drop; it's all about harvesting back and forth. But don't be afraid; just hold on, I fundamentally don't believe it can go to 120,000, as that goes against the trading logic of the market makers. I don't like to short; I am not a bear leader. I do whatever makes money, but who dares to go long in this market? That would purely be being a retail investor, alright? Entering the market at this position with spot and long positions has a high chance of getting stuck at the peak, and then as the market drops, the more it falls, the more anxious you become. Eventually, you can't hold out any longer and end up cutting losses at the bottom. You can miss out on trading opportunities, but you can't go against trading logic; what you least lack are trading opportunities. If you miss out, at least your capital is still in your hands. If you get stuck, then you think about it yourself....