Market analysis:
After the sharp rise and fall, Bitcoin slowly returned to its high point, but did not break through. It just kept fluctuating around the high point.
Let's list the reasons for being bullish. First, after a sharp drop, it can rise back to a similar position, which is a strong technical form. There is still some distance from the 34,000 monthly line pressure we mentioned before, so it can be pushed forward.
Let us list the reasons for being bearish. It rebounded and fell sharply, but did not break through the high point, which means it is testing a double top. The altcoins fell back and cannot get up. Market sentiment has weakened. It is already the end of the month, and there are still a few days to draw the monthly line. By then, the pressure will be around 3.3. There is not much room, and this is the top.
It seems that both long and short positions are reasonable, which makes me very entangled. It seems that both long and short positions are wrong. At this time, I will never bet on the direction. My hands are tied when placing orders. Wait for clearer signals.
Meat brother operation:
Had a good sleep, no operations.
Expected operation of Rouge:
Wait for the direction before making a strategy.
