$BTC I just recorded a video, but there was no sound! Simply mark the two-period chart, daily and weekly, because I have been shorting and shorting in the past few days. Some people have followed me and don’t know my personal bearish logic. Let me briefly explain: the three waves at the weekly level have ended and entered a consolidation period. Even if it does not fall, it is difficult to rise. There are too many chips concentrated above the daily level and the pressure is too great, while there is little support below. If EMA60 cannot be held, there is a lot of space below, and short selling is more cost-effective! My cost price is the pressure level. If I stand on the pressure level, I will stop the loss! If it can continuously stabilize at 29500, the loss will be stopped. I have taken this order for several days and it has not been moved. The position is not large, 200U!
There is another matter about Japan’s YCC policy, which is too complicated not to mention! This is a signal of tightening, similar to raising interest rates, which will reduce liquidity and have a greater impact on the risk asset market, but it is unclear whether there will be a real tightening in the end. #BTC