The price of Bitcoin will not fall soon. If it rises from $260,000 to $35,000, it is destined to fluctuate at $34,000 for a long time.
If it goes up and down quickly, then the chips of those who chase the rise will not be too high.
On the contrary, it fluctuates wildly at $34,000 for several months, and constantly inserts needles upward to lure short sellers to surrender and buy, so that most people can buy at a relatively high level.
This includes those who sold too early and will continue to buy, such as those who sold too early at $29,000, $30,000, and $31,000.
It also includes the short sellers who missed the opportunity before, because they did not see the price of Bitcoin fall for a long time, and the copycats were desperately pulling the market, and they could not help chasing the rise for a period of time.
The real callback will only appear when not many people are bearish.
Because not many people are bearish, short-term funds are scarce.
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