The world you see is the one that authoritarian rulers and dictators want you to see.
Where there are people, there is a community, there is speech, and there are millions of internet trolls from a certain country.
They do not allow you to speak the truth or to speak honestly, so most people remain silent. This world still has many slave states, such as North Korea, Iran, Cuba, Russia, and a certain country.
As a beast of burden, how can one dare to fight against the heavens?
Recently, Pop Mart has become incredibly popular; it is said that a unique monster was auctioned for a sky-high price of 1.04 million. It's widely hyped up within the walls. Truly, what belongs to the East is the world's. It seems everything is bursting upwards, conveying to the people that the economy is developing, entrepreneurship is good, and employment is strong. Only if you work hard can you also become the richest.
But the reality is that local debts are piling up, there is a fiscal deficit, and it is said that there is 35 trillion in local debt, economic recession, capital flight, and unemployment without results. Administrative penalties are everywhere, and distant ocean fishing is rampant.
Those who have worked hard in recent years have already become discredited individuals, heavily in debt, hiding everywhere.
Don't say too much; think about the current situation between Israel and Iran, still at war, Ukraine and Russia also in fierce combat. It is said that Russia has already lost 1 million young people in recent years. The fact that everyone is still alive is a tremendous blessing.
Currently, from the daily chart perspective, the MACD has a death cross downwards, indicating a trend of continued retracement. The moving averages have crossed, and the pullback has just begun. Although there is a rebound, the volume is insufficient. It is still recommended to primarily short on the rebound. In the past few days, it has again entered a range-bound state, with upper pressure at 106800 and short-term support near 103800.
On the four-hour level, the MACD has a golden cross, indicating a short-term need for further rebound. However, the volume is lacking, and the height of the rebound is limited. A short position can be opened near 106800 with a stop loss at 107500, or a long position can be opened at 105000 with a stop loss near 104500. Short-term operations should not be focused on the pattern.
On the weekly level, the MACD is about to have a death cross, indicating that a major cycle retracement is about to begin, and the rebound should still be focused on shorting. The real retracement has not yet started. However, from the perspective of the larger cycle, it is already in an upward bullish pattern. As long as it does not fall below about 89000, the bull market is still on, or in other words, the trend has not truly chosen to go down. The next cycle should still have one more significant upward surge.
What peaceful years are there? It is just that some people are continually helping you bear the burden, while another group is harvesting your wallet. $BTC