If you fall behind, you will be beaten; if you are stubborn, you will be beaten.
In any case, as long as there are retail investors, whether you go long or short, you will be brutally beaten by the big players.
In the past few days, the bulls have also been in a panic, disheveled and dizzy, unable to find their bearings.
Buying the dip, one hit, then buying the dip again, another hit. Anyway, once you get on the bus, you get tortured.
The bears have finally stood up; the air force will never be enslaved. It seems that the world is once again on the side of the bears; in fact, this is just the cyclical rise and fall, and happiness generally doesn't last too long.
Reincarnation, rise and fall, is the eternal melody of the cryptocurrency world.
In recent days, Trump has actually been stirring things up, with the trade war and tariff war with the East, and it seems that this won't easily calm down.
Both sides are undermining each other, claiming that the other is not keeping promises and is going back on their word. In the end, both will lift the big sticks again and beat each other up.
Regardless of winning or losing, in the end, it is the people of both countries who suffer, with no jobs, no money to spend, everyone once again eating chaff and vegetables, tightening their belts, having just smiled for a few days, now once again wearing a worried expression.
Especially for Wang Ergou from our village, the tariff ceasefire meant he was going to pick up a Mercedes G63, but in the last few days, with both sides stirring up trouble again, he dared not show off and gritted his teeth to buy an Alto, making do to get through the winter.
Currently, from the perspective of daily charts, the moving averages indeed show a death cross, and the pullback is confirmed; currently, it is testing the lifeline, with temporary support. However, from the MACD view, it should continue to pull back. After a wave of oversold rebound, we’ll see if it continues to go down; the daily chart confirms a pullback, and it won’t be that easy to go up. It is recommended to go short on the rebound. The later stage should see a downward fluctuation. The support below is around 95000.
On the four-hour level, the MACD shows a golden cross, stabilizing in the short term, with a demand for a rebound, but there is a volume drop in the decline and a shrink in the rebound, so the height of the rebound won't be too high. One can short at 106500, with a stop loss at 107500, or one can go long at 103500, with a stop loss at 102999. However, personally, after the rebound, it will continue downwards; the long positions should not be held recently.
From the sentiment indicator, it is currently at 50, the dividing line between long and short. Personally, I think it will continue to fall; if there is no extreme panic, it is not the right time to enter the market. It is recommended to consider entering the spot market in batches around 20.
There is always a cycle; rises and falls are very normal. Don’t be stubborn; stubborn people in this market can easily lose their heads. The banners on the city wall change frequently; you sing your song, and I take the stage. $BTC
