#BTC走势分析 Macroeconomic analysis: The Federal Reserve will raise interest rates, and the trade war has temporarily come to a halt. These are positive news, but they will not affect the trend. The trend will not change due to news or reverse due to market manipulation; these can only have a short-term impact on one or two candlesticks. However, the market has no money left; without money, how can there be a significant rise? My judgment is that a phase of bear market has long arrived. Each rise is just institutions offloading, which does not affect the downward trend unless the physical market stabilizes at 1165. Therefore, the strategy is: long bearish!

From the weekly perspective, the bottom pin may be around 88900, where long-term buy orders can be placed. The large top is approximately in the range of 13500-15000. If the price falls back to this area, we can gradually allocate mainstream coins. I don't want to deal with altcoins anymore; they have no bottom. Even if you think you are buying at the absolute bottom, they will still break your lower limit.