It's really a tough decision! Bitcoin has plummeted; should we continue shorting or buy the dip? It really depends on one's skill level. My basis for judgment is observing the U.S. stock market, which has basically not declined and quickly regained its gains. Therefore, Shu Qin boldly led everyone to invest more, and the bottom was indeed caught very accurately.
I believe Bitcoin has a chance to rebound to around 120,000 before choosing a direction again. In fact, multiple economic signals are flashing red, but the U.S. stock market is too hot, ignoring all negative news and continuously reaching new highs, regardless of the news, it just keeps rising. No one knows how long this frenzy will last, but before the U.S. bull market cools down, it’s actually quite difficult for the crypto market to experience a significant drop, even though this is very counterintuitive.
In tonight's program, I will analyze my views on the current market situation and my predictions for the Federal Reserve's interest rate cuts, because the real data on Wall Street is actually very different from what some people perceive. Anyway, whenever there's a good opportunity, Shu Qin will lead everyone to jump in and slowly build a snowball~🐰