$BTC Yesterday, the overall rhythm of Bitcoin maintained a weak downward sentiment, with a strong pullback to the 92500 line area in the evening; the intraday pullback was nearly 5000 points! Friends who shorted must have seen a significant rise!

Whether in a bear market or a bull market, significant fluctuations in prices are the norm. Ultimately, the key is not to hold onto losing positions! Once the direction is wrong, we can choose to stop loss in time; holding positions and averaging down are both wrong choices. Most friends likely do not have abundant funds, and especially in the face of such a major trend, choosing to hold positions is undoubtedly just adding fuel to the fire! I won’t say much more; manage it well yourself!

At this stage, with the daily chart's pullback and the strong price retreat, the overall trend has clearly shown a weak market. Although there have been rebounds during this period, they cannot affect the continuation of the price decline. Currently, from a technical structure perspective, both the rhythm of the trend and the auxiliary indicators have shown clear signs of downward movement. The price has tested lower levels with no strength to recover, indicating a clear structure that still has downward demand! In terms of future operations, we should continue to participate with a shorting mindset!

Bitcoin trading suggestion: Arrange to short in the 94500-95000 area on a rebound, targeting 92000-91000! $BTC #加密市场回调 #BNB纳入不丹GMC加密战略储备 #币安Alpha上新 #晒交易赢奖励