Continuing from the previous article's question, where will the rebound peak interval for the next level be? Based on the idea of a short squeeze
Using the formula: take the starting point of the market after a four-hour fluctuation:
105473 + 105473 * 0.09 = 114965, while the current rebound position is 110530,
which is still a bit away from the previous high of 111980, and 4400 away from the calculated point. Using this method to predict
the next market will fluctuate and then push towards the previous high, oscillating near the previous high to hit
around 114965, and then fluctuate!
Is this method practical or not? We will test it out and wait and see!
On the other hand, after a small pullback of $BTC near the previous high, the pullback strength of altcoins has increased. Therefore,
in the midst of Bitcoin's fluctuation, if altcoins rise by more than 30%, we can sell part of them to switch positions and capture the rotation!
