$BTC
I vaguely remember that before the sharp drops of 312 and 519, there were also rises.
Perhaps this round is a bit different.
But I still firmly believe that history may not repeat itself, but it will be similar; all technical indicators have already indicated overbought conditions at the top.
There are also various negative news events, yet it does not decline, but instead rises. Why?
I don't know, but based on my years of experience, Bitcoin won't drop more than 20%, and the altcoin season won't arrive; without a confirmed interest rate cut, it won't continue to rise.
Including how many people are excited now, with some calling for Bitcoin to reach 150,000, 500,000, or even 1,000,000.
It's too crazy, but I'm not crazy about trading; I have my own obsessive trading style.
When everyone is eagerly rushing in, I become scared, really, I dare not rush in.
Perhaps it's just my mindset of missing out, or perhaps it's my keen sense of the market.
You can enter a short position at the current price.
Immediately short.
Current price 103685
btc
Short position
Entry range 103685
Add position 105888
Take profit 93645
Stop loss 106358