Sorry, I seem to have developed a habit. If I don't remind you of the risks every day, I feel uncomfortable.
You see, the market share of USDT.D has never fallen below this trend line even when the price of BTC reached 93,000 yesterday. From the weekly perspective, it is still in a situation of effective support.
This means that if BTC.D still has room to rise in the short term, it is possible that altcoins will provide blood transfusions for BTC. In this way, the market share of USDT will not fall below the trend line, and the price of BTC may break through a new high.
Even so, looking back at the market since the top of the bull market in 2017, if there is no continuous large-scale inflow of funds between ETFs and BTC USD trading pairs, then at this point, it is necessary to consider the possibility of peaking.
I am not here to see the kong, but I don't recommend going all-in on BTC when the market share of USDT.D has not yet confirmed that it has fallen below the trend line and the price of BTC is above 90,000.
Because at this stage, even if the price continues to rise, its potential profit ratio is relatively small; but if it falls, the loss will be much greater if calculated at the entry price of 90,000.
Therefore, for investors with low-priced chips, they should choose to hold, but not add;
For the funds of the treadmill, they should participate lightly, and never go all-in at the price of 90,000. Guanzhu Public Account: Yunzi Commune, Mianfei Jiaqun
I am just discussing the simple risk-return ratio issue. I hope everyone will not raise it to the level of mutual accusations between the long and short sides. Thank you!
