Some people say that the price of Bitcoin rose, so the price of Shanzhai fell.

This kind of logical judgment of the cause before the effect is wrong.

The Shanzhai fell because some people bought the price of Bitcoin at the bottom, sold the Shanzhai, and bought back because they did not have enough funds. Moreover, the market was bullish in the round of 95,000.

Many short sellers thought that the price could not fall further and turned to try to buy the bottom.

Some long sellers reluctantly sold the Shanzhai in order to raise chips! They also tried to buy the price of Bitcoin at the bottom.

Maybe they originally wanted to sell the Shanzhai in order to buy the price of Bitcoin at the bottom.

The price of Bitcoin fell again from 95,000.

It can only be said that this round of wash-out was really clean. They missed the Shanzhai and were smashed by Bitcoin.

The liquidity was completely plundered. This wave of counter-pointing can be said to be a market full of grief and complaints.

When there is no direction, it is better to wait for opportunities with empty positions than to blindly follow market sentiment

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