$BTC #加密市场回调 #以色列伊朗冲突

Chat about the views on Bitcoin:

The trend of Bitcoin has changed since institutions entered the market in large numbers; small pullbacks followed by significant rallies. Now, it is in a long-term bullish trend. However, through observation, we can see that as the price of Bitcoin rises, the magnitude of each rally after a pullback is gradually weakening.

There’s no particular reason for this; it’s just that the price is higher, and more capital is needed for the rallies, so the magnitude will keep getting smaller!

When the pullback exceeds 30%, that will be the signal that the Bitcoin bull market has ended!

Sharing suitable positions for buying:

It is well known that there is usually a rebound after each sharp decline, so finding positions to go long is more cost-effective than chasing shorts. Currently, based on the 1-hour level, the rebound strength is not very strong.

Dong Ge predicts that the suitable buying position is in the range of 103000-103500, which is also where Dong Ge plans to buy. This position aligns better with the 1-hour level of a second test, and it is the best position for small bets with large potential!

You can set the stop-loss a bit lower; if it breaks a new low decisively exit!