#NOT市场动态
"Bitcoin's pullback storm, altcoins collectively fall!"
When Bitcoin fluctuates, the whole market shakes. When Bitcoin pulls back, altcoins collapse. Several rebounds made people think the 100,000 mark would definitely be broken, but unfortunately, the weather hasn't favored us, and after a period of high volatility, it finally started to pull back this week. I mentioned last night to keep an eye on the 89,000 mark, which happens to be a 10,000-point pullback.
Next, news about long positions getting liquidated is likely to come out every day. Everyone must not stubbornly go against the trend; after a month of being accustomed to going long, it's time to quickly adjust our mindset. Remember, go short in the direction of the bears, and when there's a rebound, take short positions. In a bull market, it's common for prices to drop by 10,000 points in a day.
The daily line closed with a large bearish candle, and the bears are starting to give back the previous gains. The moving average indicators have also turned downwards; although it’s not a sharp drop, at least it’s a significant decline. The market continued to drop in the early session, hitting a low in the 92,666 area before rebounding. Whether it’s a one-sided rise or fall, don’t foolishly chase after buying or selling; you need to find the right timing to enter, and when there's a rebound, take short positions.
For Bitcoin, go short in the range of 94,300 to 94,800, with a target of 90,000.
For Ethereum, go short in the range of 3,450 to 3,480, with a target of 3,300.
In the crypto space, if you don't have a good circle and lack first-hand information, then I suggest you follow me, and I’ll help you get on board easily. Welcome to join the team!!!
