BTC evening market view:
Since I got up at noon today, until now, Bitcoin (BTC) has been in a state of sideways fluctuation. What is going on? Normally, Bitcoin should be sideways in this situation, and Ethereum (ETH) should lead the rise of altcoins!
But the current situation is that Ethereum is silent, and there is no large-scale rise in altcoins.
It seems that the market will fluctuate only when American investors start trading.
Currently, the panic greed index has reached 88, which is already an extremely greedy state, which feels a bit disturbing.
If it rises by another 2%, the index will reach 90, which is even more scary. It feels like it can directly reach 100.
The current price of Bitcoin is 90,000. When it rises to 100,000, you can imagine that the media will definitely report it extensively.
Retail investors will flock in, and that will be the real FOMO (fear of missing out) outbreak. In comparison, the current situation is just an appetizer.
🎈
From the chart analysis: either choose to make a right-side breakthrough order or wait for a pullback to go long, you can only choose one of these two strategies. Everyone should be patient and wait for the right time.
It should be noted that if you agree with my midday version, then don't follow the evening version, otherwise the two will conflict. Official account: Bi Laoyan, Mianfei Jiaqun.
Be sure to set a stop loss when operating, and ask if you don't understand.
