$BTC this wave of Bitcoin's rise looks quite healthy. A few days ago, it oscillated and sucked blood from altcoins, then directly pulled out a new high before most retail investors realized what was happening, slightly retraced to lure in a wave of shorts, and continued to surge to new highs. I know some people are already thinking about shorting high, especially the seasoned players. As the saying goes, novices die from chasing highs, while veterans die from shorting high; But don’t rush to short just yet. You can look to short or even briefly short other cryptocurrencies, like ETH, but be cautious about shorting BTC; Although from the current position, if it drops, the amount of long positions that the market makers can harvest is higher, there are multiple market makers in Bitcoin, and any one of them that casually dumps will have to consider whether they can buy back later, potentially giving a bargain to other market makers? Compared to harvesting a bit of long positions, losing the chips in hand is a bigger loss. After all, Bitcoin is currently a situation of many wolves and little meat, with many institutions eyeing to pick up the meat, which is also the reason why this halving bull market has been so strong for Bitcoin! Next, on the 19th, the Federal Reserve will meet, and it's highly likely they will lower interest rates by 25 basis points. Bitcoin has the hope of reaching 115,000–120,000. Hold onto your chips and don’t fear heights!
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