《Rebound or lure shorts----Stay alert》
In the past few hours, when Bitcoin was around 51,000, Tucker was discussing with his friends that Bitcoin's hourly line had a golden cross and might go to around 54,300. Now it is also fluctuating around 54,300.
From the technical indicators, it rebounded and pulled more, cleaning up the friends who were shorting. The main force really treated both long and short sides equally.
As for PEOPLE, it looks like around 0.056. If it breaks 0.044, it will reach a new low. At present, the 4-hour line forms a golden cross, and the daily line also shows signs of turning. If the big cake does not fall, the price of PEOPLE will also be repaired.
It is still not possible to buy the bottom with a full position. Although Bitcoin's daily line also shows signs of turning, the weekly and monthly lines are still not optimistic, and it is in an awkward position where it can neither go up nor down.
We must clearly understand that we cannot buy at the absolute low point. We can only control our costs by building positions at low prices, thereby reducing risks and increasing profit opportunities. Money does not come in a hurry. Please wait patiently for the opportunity and do not fall before dawn.
