The decline caused by this daily MACD death cross is best assessed by observing whether the daily MACD can hold above the zero line, in order to determine the level of this decline;

Pay attention ≠ immediately go all in, diodes are not suitable for my tweets, please unfollow.

Now that we see a decline, it's going to 80,000, and then tomorrow there will be a zigzag rebound in the third phase, indicating that the bull market is coming back.

Did I mention that once this level starts to adjust, give it 1-2 weeks of observation time?

TELL ME, LOOK IN MY EYES! Did I mention it? I wish I could just find words for bullish or bearish in my tweets, and then go all in immediately! Time, space, and prerequisites are all ignored.

What is clear is that now is the first trend reversal and adjustment after breaking the previous high; a direct drop is unlikely, but a retracement to wipe out stop losses for short positions is very likely;

For shorting, look for a key support level that has effectively broken down, for bottom fishing, look for a key support level that has held.

Shorting is for coins that are falling behind, while bottom fishing is for coins that are recovering or continuing the trend.

If you don’t understand, it’s best not to act during this chaotic period; if you don’t understand, don’t trade, you won’t lose.