$BTC After the rise, there must be fluctuations. After the fluctuations, it will still rise!

On Friday, Old Bao continued to ignite the world, and the cryptocurrency market responded with a surge, pulling up 6000 points in just one night, which is quite rare.

However, after the joy, one must recognize reality. Do not blindly chase highs and panic sell; trends are certainly unpredictable and ruthlessly repetitive. If it continues in one direction, that is not a market trend, but a deep abyss. Normal trends should be repetitive, with some selling and some buying. Today's pullback correction is understandable; the current cryptocurrency price has retraced about 50%, so structurally it is about done. In the future market, we are still looking at a range of 114600-114000 for another round. If it strongly drops below 114000, then this news-driven increase will be declared over, and we can directly watch it return to its original position.