⚠️⚠️ Attention!! Be cautious about chasing highs!!! After a big rise, a pullback is certain, and it's still hard to say whether the next bull run has truly begun! This time, it was #杰克逊霍尔会议 that caused a significant rise in Bitcoin, and the market will be quite outrageous moving forward, so be prepared!
Today, partners who followed the trades made a profit of 3000--5000 points, as shown in the image below. There is no more 'meat' for the big players at the top; the declines are actually where the 'meat' is. The past couple of days have absolutely been a situation of double kills for both bulls and bears, with continuous declines leading to many bulls getting liquidated or stopping losses. Today's big rise undoubtedly wiped out the bears!
I've been reminding everyone these days to primarily buy on dips at key support levels, with the core key point being 112000. Fortunately, it hasn't broken. If it does break this time, the next bull run may not appear until the New Year! Although there was a big rise tonight, it doesn't mean we won't see a drop; as long as we remain within the range, it can be viewed as an irregular oscillating market.
Those who followed the long trades can exit now, leaving only a small position to wait for profit-taking near 118000. If there isn't a strong breakout, we may continue to see range-bound oscillation and consolidation, so it's important to pay close attention to the market during this period.
The appearance of key turning signals is crucial for you and me to enter trades; at other times, just be patient and wait for the market to come to us. $BTC $ETH $SOL
