Trend analysis $BTC 💥
Currently, #Bitcoin is being supported by MA50 1D 👌 In terms of academic theory, this is a very strong support, but in this system where liquidations happen without reason, breaking support is very normal 😅
The selling force right now is very strong, this selling force is equivalent to the pull from $109k to $123k in the previous SHORT liquidation. Negative funding rate, OI dropping significantly, and the delta volume of the red candle is not worth discussing 😂
Things are bad as they are, but the theory is that when it reaches support, you have to place an order, whether you win or lose depends on luck 😂
As for altcoins, whoever believes there will be an altcoin rally should go ahead and catch it, specifically for $ETH if anyone believes it will break the peak, now is a great time to buy; as for me, I don't believe that #altcoins or #ETH will break the peak, so I'm not playing 😂
Since it is gambling, you must know how to cut losses 👊 if everyone knew the future, then no one would be poor 👍😉🤪