$BTC Yesterday's Ethereum was lost, and I apologize to everyone here! Also, thank you all for your trust!
In the second half of the night, we successfully recovered together! Let me explain why I shorted Bitcoin!
Bitcoin has a strong resistance at 97400; if it breaks through this area, then basically the bull market has returned! If it doesn't break through, it will fall back to 92800.
Yesterday afternoon, I kept thinking, if this breakthrough announces the return of the bull market, then why not just raise the price directly! If it's a trap for more buyers, then the market makers will push this wave of emotions to a climax. But it certainly won't break through directly; it will definitely rise! However, it’s unclear how much it will rise, so I chose to aggressively short at the strong resistance area, risking 300 points to gain 5000 points.
But to be cautious, I will first recover losses, and later wait for the situation to become clear before taking further action!
