$BTC
Where is there a business that only goes up and never down?
Tomorrow is Monday, and there is a high probability of a pullback, with CPI data announced on Tuesday.
However, the market is still quite strong, so don't get itchy fingers and go short!
Many people are trapped in this wave because they see the resistance level and want to gamble on going short.
They fantasize about catching a double top and making a big profit. But the reality is, the big players are just waiting to harvest these gamblers! As soon as you go short, they will pull the market up in a minute to teach you a lesson. The current upward trend is far from over; going short during a sideways market is just giving money to the big players, who can easily turn around and cause a wave of liquidations.
Instead of betting on a decline, why not look for those potential coins that haven't taken off yet? Isn’t it better to catch some of the rising tide?
For altcoins, it’s better to wait for a pullback to the support level before entering; don't stubbornly try to go against the trend while the market is still trending up. Trying to short at the top on the left side is just giving away your head!
A drop won’t just crash down instantly. The big players sell off quietly, first stabilizing the market, then slowly releasing their chips, leading to a frog-boiling-style decline.
There are only a few days in a year when the market is this good.
Seize the opportunity to engage with altcoins!
Once the excitement fades, we’ll have to rely on technical analysis. It has been rising for about ten days in a row; it seems like it should take a break now.
The upper resistance levels are around 105700 and 108300.
The lower support levels are around 103000 and 101300.
Recommended altcoins: OG $DOGE $PNUT buy on dips.
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