This wave of decline is interesting!
It has been rising recently, which can be said to be a desperate moment for bears, because bears are still immersed in the fantasy of falling below 50,000 and 40,000! The market came up and gave a big fight, once rising and breaking through, approaching the position of 65,000! In addition, with the release of ETF and other favorable news by the dog dealer! The shorts were completely wiped out, but at this moment they were hit hard by Mentougou!
A bold guess: At present, Mentougou is only transferring BTC in the wallet, and there is no selling phenomenon! Then the retail investors in the market began to be active, and they heard the wind and rain, and they opened shorts and sold them one after another! The current situation is that the confidence of the bears has been rekindled, and the bulls are afraid again! So what should be the best direction at this time (I don’t need to say it)?
