$BTC
Many people say it bounced back, and some opened short at 106, 107-108 and it has now reached 109. Those who shouted short at 106 have already lost over 3000 points. Indeed, I also believed in shorting at 106-107, so I can only spend some time at midnight to see how the naked K charts move and how to make decisions. Seeing the K bars consistently unable to drop without any signals, I can't short at this point. So, if I find that I can't short, should I still force it? You can only change your strategy, either go long or wait and see which direction emerges before making a decision. This is the point where it can't go down, always consolidating, giving short positions three chances to escape (in the picture).
So now at 109, it just broke 1106 but didn't hold, and has come back to around 1097. Did it think it could short again? It has been tempting short positions; its movement is aiming to break the previous high and continue to write new highs... Currently, that's how it looks! Can't guarantee it won't change direction later! So trading is flexible.
Auntie is the most obvious! On Saturday and Sunday, it surged to 254 twice but was knocked down, and it couldn't break below 245, so we can only look for long positions! Plus, it's been washing up and down around 24-278 for almost a month, which is called consolidation. The longer the consolidation, the stronger the breakout will be! That's the reason to see it break 3000!