#BTC This morning, after the highest impact of 107114, it dropped down to the lowest of 102501. Is it not that in the first half of the day we were about to enter a new high bull market, and now we are about to enter a bear market again? Hahaha, this trend is actually something everyone should be familiar with. Come on, let me show you the chart below. Doesn't the trend look similar to when it rose to 97865 and then fell to the lowest of 93000?
At that time, the pressure point was also at 98000, just a little bit short, and it fell to 93000. Many people thought there would be a big drop and went short, then the main players pulled it back up, liquidating a lot of short positions. It's very clear that this wave's big trend is aiming for a new high; the focus has been shifting upwards, which is just a small structure wash. This is a short squeeze trend, which is the easiest way to wash out shares. Don't be easily scared away; otherwise, the upcoming new high will be out of reach for you.
Stay firm in your beliefs, and a new high is inevitable!
By the way, chat at 清水的小天地.
