Some time ago during the live stream, I mentioned that this wave of increase was due to news, and I estimated that a short-term correction is likely. Yesterday, BTC dropped to a key position at the MA120 moving average of 109381. I said this position is likely to rebound and see if it can fill the CME futures gap.

There are so many people in the plaza who have issues with their intelligence. They can't understand such a simple principle, saying that yesterday I saw the big trend as bearish, and today I see the big trend as bullish. Do you only see the big trend? When it goes up, you look at 200,000, when it goes down, you look at below 100,000. When it rises, it must keep rising without any correction, and when it falls, it must keep falling without any rebound. Can't you stop being so binary??

Isn't it very normal to encounter key positions during a decline, especially the MA120 moving average, which is the bull-bear boundary, and have a rebound? Does it have to drop all the way down to zero? I finally understand how liquidity in the crypto world comes about. It seems that the benefits in the crypto world are still there; it’s still a market for the foolish, and whoever is smart can make money.