I had a few drinks outside today and came back to write an article in the early morning.
Let's just talk about it briefly today.
The market has started to pull back. Bitcoin has pulled back by almost 7 percentage points from its highest point to 86,000.
Now the market seems to have been hit by another bucket of cold water. Everyone is hesitant. Many friends who just chased in two days ago are now in floating losses.
From the trend of the entire market, the volume is indeed shrinking, and the air force volume has a tendency to expand.
ETFs also have outflows. After reaching the high point, the Bitcoin bulls began to rest, and the air force took advantage of the opportunity to launch an attack, but the air force volume does not look large at present.
Because the violent pullback that everyone is worried about should not appear.
The key point of the current market competition is 88,000. From the perspective of the entire bull market, this position can be regarded as the starting point to above 100,000.
The competition for this position in the short-term market is also very critical. If it cannot be defended, the bottom will reach 86,000, and the lower will be 83,500.
Many friends like to let me judge the rise and fall, and then they start to operate directly. Judging from the current market, it is normal to fluctuate 3,000 to 5,000 points every day.
If there is a continuous decline for many days, if there is enough Bitcoin position, perhaps we can shift our attention to those value coins that have not risen.
This Thirteenth will be said in the circle, and you can also refer to the content of yesterday's article.