Military Advisor's Daily Market Analysis:
Let's take a look at the liquidation chart. The day before yesterday, it turned around and cleared the long position at 57,500.
It pulled back again last night in a lightning-fast manner.
What is the intention? First down and then up, this form should be what you call baiting the shorts, or unwilling to give up the air force!
The current form is still in the direction of clearing the air force!
Let's take a look at the Bitcoin ETF, which I analyzed on Monday.
With such a large buying on Friday, market confidence will not dry up all at once.
On Tuesday, there was a net inflow of 187 million US dollars. The current inflow is still considerable, and this is still the premise of announcing a major interest rate.
It seems that some US stock funds have begun to deploy Bitcoin.
The funding rate has begun to turn green again. Was the 2,000-dollar pullback last night a baiting of shorts or a repeat of the old trick? The direct market is over, and it is difficult to judge at present.
But the air force has taken action!
The holdings have returned to 31.7 billion US dollars. It is predicted that the main air force has increased its positions again. It takes courage to go long at this position!
Let's analyze the Bitcoin K-line:
The current position of Bitcoin is obvious. If it can't go up, it will collapse!
Especially in the face of major events, the interest rate will be announced at 2 am on the 19th!
Most of the voices in the market are that interest rates will be cut, 0.25%/0.5%.
No matter how much everyone cuts, it will collapse, very unified!
The big institutions announced to buy, buy, buy, buy, and the big investors are also buying, buy, buy, buy!
In the end, they are deceiving you to get on the bus, or they know the inside information in advance and quickly lay out!
Who is right or wrong in the end, no one knows until the end!
Let me talk about what I see, it's normal to be slapped in the face!
The bottom of Bitcoin is 60800/59540/56530/49000/52500
Is it the end of the continuous lows from 60800, and the bottom has begun to rise, which is a small positive.
The current sentiment of the cottage market: most of them are falling.
There are also differences in small stocks, rising against the trend
Is it deliberately raised to let you take over, or is it insight into the market and rushing ahead?
Last question:
Do you think the market is over, or is there still hope?
If you are asked to do it, should you go short or buy on dips?
I will go long at the risk of the world, haha!
But trading cannot be based on fantasy, and cannot be gambled!
So defend 58800, this wave of explosive pull will be pulled up from 58800, if it falls below 58800, run away!