In the short-term market, the risks we face recently are still relatively large.
As mentioned in yesterday's article, the benefits of this round of rise did not meet our expectations.
Now the benefits have basically been digested, and the capital inflow of 9 ETF institutions has also begun to slow down.
In other words, the market has still not recovered from the decline.
Therefore, Thirteen asked everyone to vacate their short-term positions at 64,000, and we will start a new round of bottom-fishing below 62,000.
The specific ideas have been made very clear in yesterday's article.
However, this is only a short-term market. In the medium and long term, we are at the bottom range of this bull market, and we should cherish the good times now.
Just like when Bitcoin fluctuated between 15,000 and 20,000, I told everyone in the article countless times to cherish Bitcoin below 20,000.
Looking back now, Bitcoin at this price may never be available again in this life.
Even in the next bear market, the bottom range of Bitcoin is estimated to be more than 50,000.
So is May bullish or bearish? Thirteen still maintains the views expressed in yesterday’s article, and there is a high probability that there will be a small market trend this month.