#TradersLeague
Will soon begin to decline, possibly a crash!
Although I am currently stuck in this trade, I am not afraid at all. If the daily line stabilizes above 98000, I will cut my short position. I believe there will be a rapid decline in the next few days, for the following reasons: 1. The M-top formed from November 2024 to February 2025 will not be easily broken; 2. There is a significant amount of trapped selling pressure around 98000; 3. The rise that started on April 7 did not form a driving wave; 4. Tomorrow is the 34th day of the Fibonacci sequence, and large fluctuations are coming; 5. Every year in June and July, banks release mid-year reports, and funds will flow back, leading to a general decline in risk assets; this is a pattern. Let us wait and see.
