BTC price is so strong, what should short sellers do?

Next Monday and Tuesday, Fed officials will speak intensively, with a total of 8 speeches. I bet that there must be hawkish remarks in these 8 speeches.

Why? Because after the release of CPI, all financial markets are bullish, and US stocks have been rising for several consecutive weeks, with almost no decline in the middle.

Therefore, there is no need to be dovish at present. Secondly, US inflation is actually very stubborn and will rebound if you are not careful.

Overheated market expectations are likely to cause repeated inflation, and the Fed needs to be restrained and patient on the issue of inflation.

There will be economic data to be released next Wednesday, Thursday, and Friday. I predict that these data will be generally positive.

Based on the above analysis, we should do this: those with full positions continue to wait, those with short positions look for opportunities to buy at the bottom, and buy directly once an opportunity is found!

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