The current trend of BTC appears to be struggling, with weak phase rebounds that seem more like accumulating energy for the next decline. From the MACD indicator, a double-line death cross has already formed, strongly signaling bearishness; while the upper Bollinger Band has bounced back immediately, unable to effectively break through. Coupled with shrinking trading volume and reduced market participation enthusiasm, this further paves the way for a short-term decline.
At this moment, choosing to enter a short position may be a high-risk, high-reward attempt. However, remember to carry proper stop-loss tools; the market is ever-changing, and caution is key to going further.
The trading market has never been a game for the brave, but rather a paradise for strategists. Lock in the expert, and together we can clear the fog, find the right direction, and triumph in the market with reason and wisdom!
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