#BTC☀

《BTC has jumped above the middle track, has the market reversed?》

Big Pie has taken the lead and sounded the horn of counterattack. Can we buy the bottom now? Is this big mouth that eats people going to close or open wider next time?

Tucker believes that although the BTC price hourly line has jumped above the middle track, many investors are thinking whether this means a market reversal. This can only be temporarily bullish, because the data released today is not good, which is likely to be a lure to buy. The specific direction still needs to wait for market signals. The surface breakthrough may not be a true trend reversal.

It is common to lure more. The main force may temporarily raise the price to attract retail investors to buy, and then sell at a high price to hurt retail investors. This possibility cannot be ruled out in the current BTC situation.

To judge whether it is a market reversal or a lure to buy, multiple factors must be considered. First, look at the trading volume. If the price rises and the volume rises, the possibility of a reversal is high. If the volume does not cooperate, be alert to the lure to buy. Secondly, the overall market trend and the macro environment are important. If the market rises, the policy is friendly, and the technology is innovative, the rise of BTC will be sustainable. Otherwise, it is difficult to guarantee a reversal.

In short, we can only say that the downward trend has been temporarily stabilized. If there is no new good news, it will continue to fall. Try to watch more and do less. Keep your bullets. There will be many opportunities. If the bullets are eaten up, it will be difficult to deal with.

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