Late review
Yesterday I said that my prediction for the market is $BTC fluctuating downward. The rebound last night was very strong. Many people got on board, and when they woke up, their positions were gone...
Yesterday I was also hesitant whether the market had reversed, but I thought that there had been two consecutive nights of false breakthroughs to lure more people. Last night was the strongest, and there was no more than three times the amount. In addition, there was no good news, so I went to take a short position and rest. We are all old hands. Even if we are right about this kind of volatile market, there is no value in participating.
When I talked about the market in the evening, my friends laughed at me and said that I made the market scary. I was bearish and didn’t dare to chase the longs last night.
Please, I said it was a volatile downward trend, not a downward trend 😅
When I woke up, the whole screen turned from green to red. Proving that I was right has never been of any value to me. I am not an analyst, I am a trader, and I have to make the right orders.
The rhythm during this period is still right😂, I hope my fallacy can help you😀