Is it currently suitable for bottom-fishing? 🤯🤯
👎 Unfavorable factors:
MACD death cross, significant selling volume, K-line shows no obvious reversal signal, the current technical situation does not support bottom-fishing.
(Based on the hourly BTC K-line chart and 24-hour data volume and price)
📉 External factors:
Black Monday in US stocks, Nasdaq plunges 4%, Tesla drops 15%.
Mt. Gox transferred 11,833.6 BTC.
Trump currently has no cards to play.
Interest rate cut expectations may resume as early as May.
A large number of long positions are being liquidated, small institutions are all selling coins due to FUD.
❤️ If you can't bear the risk of shorting, at least you can be patient and wait a bit.