5.22 Morning Thoughts
The big coin market has recently experienced severe fluctuations! Prices have strongly broken through historical highs, briefly touching the 110800 mark, but then dramatically changed in the early morning, plummeting to 106100 within a few hours, and then quickly rebounding to recover lost ground. Currently, there are significant signs of manipulation by major funds in the market, and the ongoing high-level oscillation continues to accumulate market risk, making it easy to fall into a trapped situation by blindly chasing prices. From the perspective of the morning trading strategy, it is recommended to adopt a short-selling approach on rallies.
Big coin trading strategy: Short near 111000-111900 on rebounds, looking down to 107000-108000.
