Is the BTC rebound just a flash in the pan? Be careful not to get trapped for two months!
Don't get too excited about this BTC rebound! It's not a case of 'a foot further on a hundred-foot pole', but rather watering the roots of a dead tree—just a flash in the pan!
The weekly trend has already turned downward, and the daily line has even fallen below the lifeline. What does a sudden surge mean? The oil lamp is almost out, how long can this fire last? Need I say more? If you don't short it quickly, are you just waiting to be the bag holder?
Listen up, chasing the high now just means waiting to get liquidated! Shorting might trap you for two days at most, but going long could mean counting the days until summer passes by~
In my opinion, this rebound is just a trick played by the main players, making a show to fool you into taking the bait! We old retail investors should just sit tight like fishing on a pier, and when the rebound peaks, we strike with a short position—that's called going with the trend!
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