$BTC
C How high can the short-term small golden cross rise?
Do you think that the big cake will continue to rise on Christmas this year? Can it reach 120,000USDT?
I think there is a chance. Yesterday, the big cake hit a new high, and the copycat sector still had a large drop, proving that if the big cake wants to reach a very high position, it still needs a lot of funds to pull the market. Next, there will be a relatively short and relatively large consolidation market, which will be a trap to absorb funds.
Many people will ask, why does the big cake suck blood? This is also a very simple question. The USDT in the market is continuously buying BTC. The USDT market value of the entire crypto market is constantly decreasing. The large reduction in holdings is still normal. A large amount of USDT is pouring into BTC, waiting for a fund absorption, and then continuing to chase high 110,000 should not be far away. It is very likely that there will be a big correction and then pull to a new high. There is also a possibility of experiencing several waves of consolidation, such as the small golden cross in Figure 1. This is also a good position for traps. Retail investors will be at risk of liquidation if they are not careful. Try to be stable every day. There are many opportunities to trade in this market. If you miss the opportunity, you will miss it. Your greed is the weapon that pulls you out. Be cautious when opening positions. I wish you all the right directions! ! ! #BTC☀