Brothers and sisters, the big cake has started to shake, there really isn't much to do. Currently, there is a strong pressure range above at 100500-101500 where the long positions from the 19th-20th are bottom fishing. Below, in the range of 95300-96500, there are short positions chasing from the 23rd and rebound short positions from the 24th, so we are currently in the grinding range of 97500-99300. This range is also where the big cake broke 93000 and surged close to 100000 dollars from November 21-24, making it a critical decision point. From the current market capital perspective, it is lacking, reduced by almost 200 billion compared to before.
After all, it's the end of the year, and both foreign institutions and domestic institutions need year-end summaries, year-end bonuses, and need to plan funds for the first quarter of the new year.
Meanwhile, we retail investors are like little bees, buzzing every day thinking about buying some coins or making a couple of trades. If we don’t make two trades, we feel uncomfortable. This phase won’t last long as the monthly line is about to close, so everyone just needs to be patient and wait.
We need to be like crocodiles 🐊 hunting, good at waiting. Don’t be like monkeys 🐒 stealing peaches, bouncing around everywhere.
