Brothers and sisters, the big pie has started to shake on the grinding plate, there really isn't much to do. Currently, there is a strong pressure range above at 100500-101500 where there are long positions from the 19th to the 20th for bottom fishing. Below in the range of 95300-96500, there are short positions being chased on the 23rd and a rebound short on the 24th, so we are currently in the grinding range of 97500-99300. This range is also the position where the big pie broke through 93000 and surged close to 100,000 USD around the 21st to 24th of November. Therefore, this is a critical choice point. From the perspective of the entire market's capital flow, it is lacking and has decreased by about 200 billion compared to before.
After all, it's the end of the year and whether it’s foreign institutions or domestic institutions, everyone needs to summarize the year, they also need year-end bonuses, and they need to plan capital for the first quarter of the new year.
Meanwhile, we retail investors are still buzzing like little bees every day, always wanting to buy some coins or make a couple of trades. If we don’t make a couple of trades, we feel uncomfortable. This phase won’t last long, as the month-end is approaching, so everyone just needs to be patient and wait.
We should be like crocodiles 🐊 hunting, good at waiting. Don’t be like monkeys 🐒 stealing peaches, bouncing around everywhere.
