Let me give you an accurate description of the market.
The first wave of this bull market reached a high of 73,800 and then fell back to 56,000. This is easy to understand. It started to pull back after rising too much📉
The second wave was last month when it rushed to 72,000. When everyone realized that it was going to rush to 80,000 and chose to buy more at a low price, it fell, giving everyone the opportunity to buy more at a low price, right⁉️
Isn’t it very abnormal? You can see that Bitcoin has risen sharply in the past. It has risen without looking back, and it will not give you the opportunity to buy at a low price. This wave of decline is that everyone realized that it was going to reach 80,000 and gave a wave of decline to 54,000📉
Dog dealers give money⁉️I think dog dealers will not give money😅
So you can understand yesterday’s surge in this way. Either the high point of the next surge is much higher than 80,000, or even 90,000, then this wave of market crash is necessary‼ ️
Either this wave of rise is a sharp rise, which conforms to the law of fast rise and slow fall, and the retail investors below continue to smash the market after taking over, hitting a new low lower than 53,000. So now the safest option in this market is to buy more at low prices. There is really no good choice😅Short? Now it is absolutely impossible to go short. Go long? You will face the risk of shipment again. There is no good choice. Place an order to buy more at low prices, stop loss and then short on the rebound. Use small losses to exchange for bull market entry opportunities. This is the only best choice at present🙏
