Why is this cryptocurrency so popular, and so many people are involved? My personal understanding is that it is too magical, creating too many stories of sudden wealth. Looking at the data from last night, 2600 is stable, and it rose all the way to 2680 at 4:45 AM today. Even if there is a pullback, it should hold steady at 2600. However, at 6 AM, there was a big bullish candlestick that dropped from 2646 to 2531, a decline of 115 points. This allowed many short sellers to break even, while many long holders woke up to find the sky had fallen. From the document released yesterday, the blogger was also bearish, but looking at the data from the later part of the night, it was not ideal, showing no signs of a downtrend. As a result, this morning surprised the blogger by directly dropping to 2531. In summary, the cryptocurrency world is indeed a magical place, capable of creating any miracle, and it can take you from heaven to hell. Trading contracts requires caution, light positions, and even lighter positions.
