What should the Air Force do next?
The saying that a bull market can have sharp declines is not a joke.
Because even in a bull market, it can't keep rising indefinitely. The more it rises, the greater the pressure. Once there's no momentum and profits are taken, it will quickly drop. When the market sees a sharp decline, it will continue to buy back up, and when new money comes in, it will push higher again. The spike in the early hours yesterday is the best proof; after quickly liquidating the longs, it directly V-recovered and broke through a new high again.
We should pay more attention to changes in open interest and fees to find opportunities for corrections. Right now, both the overall open interest and fees have reached a high point and are facing pressure. As long as it dares to reverse, we can either run away or get on board.
Now the position of Bitcoin has reached the highest point again, 89940, a new high. Here it is recommended to take profits! The higher the point, the more dangerous it becomes!
