五味子
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BTC, it rebounded today. In a word, don't chase, wait patiently.
These past two days, the big players have been enticing retail investors to go long, and currently the long-short ratio is around 2.4, maybe 3 tomorrow.
Don't rush to think that just because it's gone up a bit, the market has reversed and a bull market is about to start.
Don't overthink it; Wall Street capital has been fleeing from US stocks and the crypto space. The trade war is like a delicate paint, and life and death are hard to predict.
The Federal Reserve is not lowering interest rates, and there is a serious lack of funds in the market. Even Buffett hasn't entered the market, so why are you panicking?
BTC, both large and small cycles are in a downward trend. On the daily level, it has broken the boundary between bull and bear; we can call this a bear market.
The current rise is just a rebound, and looking at it, is it an increase with reduced volume? Generally, the height won't be too high. The rebound resistance level on the daily chart can be shorted in the short term.
If you are already disappointed recently, that's okay; you can just lay flat. Just watch for a bit, and when the coin price effectively stands above the lifeline again, you can enter the market again; that’s fine. You can enter the market at any time; just fear that you don’t have the funds to enter. #美国加征关税 #掌握市场 $BTC
👇👇👇
币安王牌KOL专属群（五味子）
These past two days, the big players have been enticing retail investors to go long, and currently the long-short ratio is around 2.4, maybe 3 tomorrow.
Don't rush to think that just because it's gone up a bit, the market has reversed and a bull market is about to start.
Don't overthink it; Wall Street capital has been fleeing from US stocks and the crypto space. The trade war is like a delicate paint, and life and death are hard to predict.
The Federal Reserve is not lowering interest rates, and there is a serious lack of funds in the market. Even Buffett hasn't entered the market, so why are you panicking?
BTC, both large and small cycles are in a downward trend. On the daily level, it has broken the boundary between bull and bear; we can call this a bear market.
The current rise is just a rebound, and looking at it, is it an increase with reduced volume? Generally, the height won't be too high. The rebound resistance level on the daily chart can be shorted in the short term.
If you are already disappointed recently, that's okay; you can just lay flat. Just watch for a bit, and when the coin price effectively stands above the lifeline again, you can enter the market again; that’s fine. You can enter the market at any time; just fear that you don’t have the funds to enter. #美国加征关税 #掌握市场 $BTC
👇👇👇
币安王牌KOL专属群（五味子）
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