$BTC Trends are ever-changing, the market is fluctuating, one day in the crypto world is like ten years in the real world. The volatility in the last couple of days has been truly outrageous: first a spike of ten thousand points, then a rebound of six thousand points, with both bulls and bears getting hurt. Such extreme movements are indeed rare, and if there are losses, it is considered normal. The key is to adjust your mindset, grasp the mainstream rhythm, and gradually recover losses.
Bitcoin's daily chart shows a strong upward movement, with yesterday's candlestick forming a long lower shadow hammer, indicating that the bearish momentum has exhausted, and the bulls are beginning to take control of the situation. From the four-hour perspective, after rebounding to the middle track, signs of pressure have appeared, and during the afternoon, one can consider taking a light short position, making sure to set a stop-loss for protection.
Strategy Reference:
š BTC 80800 short, target at 78000
š ETH 1620 short, target at 1550
#Bitcoin plunge causes 290,000 people to be liquidated #åøå
