Short selling pressure! Are bulls still buying the dip? Shorting during the rebound is the real deal!
Bitcoin's daily K-line plunged directly, with prices being firmly pressed against the lower Bollinger Band and plummeting! The MACD bearish momentum continues to surge, with the fast and slow lines forming a death cross below the zero line. KDJ and RSI are simultaneously diving lower—despite the indicators being severely oversold, there are no signs of a price rebound!
The weekly K-line is even worse, directly breaking through the lower band, which is chasing the price down, continuously declining without stopping! May I ask the bulls: where is the bottom?
Isn't shorting during the rebound appealing? Don't wait until the price drops and blame the short position for not being steady; when it rebounds, you're afraid of a reversal and dare not get on board, only to regret it later! The most painful thing in the world is nothing more than this!
On Tuesday, I called for a short at 92300 for Bitcoin and 3130 for Ethereum, on Wednesday I called for a short at 95200 and 3150, then added more shorts at 92200 and 3100—each wave was precisely timed, enjoying the profits all the way. Was there any hindsight involved?
