When will the boring market bottom out?
It has been 4 days since the price of Bitcoin started to fall on August 26. I don't know if you have left the short-term market. I ran short-term at $ETH and $1000SATS . As for the long-term, I have been trapped. I made a swing yesterday, but the profit was impressive so I sold it again, aiming for a win-win situation.
Back to the Bitcoin market, the Bollinger Bands have the intention of bottoming out in 4 hours. Yesterday, Bitcoin sprinted to the middle track and then fell back. After a day of bottoming out, it is expected to attack again tomorrow. If everything goes well, short-term investors can consider intervening again. It is worth noting that Bitcoin is still running on the lower track of the Bollinger Bands. It is likely to be sideways tonight. If it is early, the results will be released at 6-8 am tomorrow.
Short-term spot traders can wait with peace of mind. Good food is not afraid of being late.