$BTC 🔥🔥
《BTC Trend: 56600 Key Position and Oscillating Trend》
Is this a Black Weekend? BTC starts to crash now?
Is it because they are afraid of the German Mentougou incident?
The probability of breaking the bottom and turning bullish is not high at present, and it will at least go back and forth for a month.
It has reached the position of 56600. If the entity can recover above 56600, it will return to the previous oscillation, so all short orders are closed.
You must know that in the oscillating trend, you will cut meat back and forth, which can be called a meat grinder market.
It is difficult to cut interest rates this year. It is not politically correct to cut interest rates now, and inflation has not yet dropped to 2%.
Now the market is difficult, don't do it if it is not easy to do, and try to keep the principal. As long as the big cake 4.5w does not break, it will not affect the bull market structure.
Currently holdings are 4.6 billion. Long and short positions have been closed in the past three days. According to the oscillation operation, there is no pattern for long and short positions.
If the price of the big cake pulls back to 56600 and the real body closes up, it may break the bottom, which means that the downward movement is a trap for short selling.
