At present, Bitcoin is fluctuating. Whether from the perspective of trading volume or long and short positions, the dealer is sleeping. Everyone must remember that the currency circle without dealers is a stagnant pool of water, and the trading activity is pitifully small.
After all, there is no so-called supervision in the currency circle. The operation of all behaviors mainly depends on dealers and exchanges. Retail investors are the group that takes advantage of the fire. It seems that there are many opportunities and they are big, but in fact they are all fire pits, which only belong to a very small number of people!
The longer I do trading, the more I lose confidence in trading. I see the true essence. It is really cruel and bloody. This is trading! I hope that people who participate in trading will have good results!
Bitcoin fluctuates around 96,000. In the next few days, there will be a signal of a change in the market. There is a high probability that it will start to fall sharply. Wait and see! In this price range, the group that goes long will obviously be higher than the short. After all, not many retail investors are bearish in such a bull market, and it is still a big drop.
It will be 2025 before Bitcoin breaks through the 100,000 mark, but before the next big rise, there must be a deep correction. More than 70,000 is a very normal price, or even lower! The rise will surprise you, and the fall will also make you fearful and desperate!
The next trend operation: Long-term operations are not in a hurry to enter the market, especially spot traders, wait for a deep correction before entering the market, and hold for a long time until Bitcoin reaches 150,000 US dollars. In the short term, operations still need to be shorted at highs, and never go long at lows. Once you are trapped, it may take several months.
The Korean and European and American markets have shown that the enthusiasm for the currency circle is waning. A big news can directly lead to a sharp drop in the currency circle at any time, and a black swan event will occur. So don't do short-term trading, determine the direction according to the trend, enter the market in batches, and make yourself profitable through time. All you need to do is wait patiently.