After the panic in the market was relieved, it began to rebound strongly. At present, Bitcoin has pulled back above $55,000. The original high-level fluctuations that wanted to try to break through the $70,000 market were destroyed by the negative impact of multiple BUFFs. Then it will take more time to adjust and repair. I estimate that this time is about 1 month. Wait patiently! !
Personal opinion: Yesterday's bottom-picking positions are not patterned, and the main focus is on swing trading
The market has fallen in a waterfall-like manner, and it will continue to fluctuate in the future, and there may even be a second exploration, so grasping the current profit is the key!
When the market fell, BlackRock, MicroStrategy, Grayscale and Fidelity did not sell Bitcoin during the market decline; instead, many institutions continued to increase their positions. This is the difference between professional institutions and retail investors
Because the market has not reached the top, the market trend has not disappeared. As I said yesterday, short-term sudden negative factors and other factors will not change the market trend.
