The butt decides the head, no doubt I'm short. Many times, you don't need to listen to everyone's opinion. Stick to your own market logic. This is the time, it's the risk zone. As for when it will come down, we can only leave it to time.
At certain times, your advice can be the target of criticism. I thought there were many people in the square who were bearish, but most people are bullish, entering the market.
BTC, high-level consolidation, has now reached the high point of this phase, or rather, the highest point since its inception. If you say it's not a high point, I don't know what theory supports that.
High-level consolidation, fluctuations, the funds in the market are still lacking; if you say to immediately continue to push up, where will the money come from? After a few days of effort, it also needs to rest. Moreover, after exertion, many times, you will get very sick and need to replenish nutrients.
During this period, a lot of short positions have been wiped out. If we don't replenish fuel and let funds circulate again, it's impossible to continue to rise.
In fact, the operators are not afraid of you going long or short for profit. As long as you are still in the cryptocurrency circle, still in this pond, one day you will still get liquidated. The operators need to catch fish, but they don't have to exhaust every wave of fish. Don't think that they will only drop when they have wiped out the bears.
Most of the bears have already been wiped out. The remaining ones are mostly those who can endure or have small positions. The ocean will release small fish and shrimp, waiting for them to grow big, and continue the slaughter.
You ask when it will go down, will there be a crash, I think it's close. When the two-hour Bollinger middle band entity breaks, it's when the trend reverses.
Although some coins may rise in the past two days, it's very normal. Some funds are flowing out of BTC into some mainstream altcoins. If you say there will be a general rise or rotation rise, I don't think that will happen. There will only be some strong altcoins with performance momentum. The others should stay down.
Everyone's market logic is different; if it matches your beliefs, then take a look, if not, just disregard it, don't make it hard for yourself. Money is yours; how to operate is your own decision.
One more thing, if you get trapped in a position by 3-5 points, are you here in the cryptocurrency circle to gamble with your life, or are you here to find opportunities to make money? Contracts can be addictive and gamble; even if you don't die today, if you bet right today, you'll make money. But one day you will definitely get liquidated; if you don't believe it, just wait and see? $BTC