As the monthly K is coming to an end, Bitcoin is about to stage a life-and-death battle!
Click on the head image, and there are more detailed strategies.
On the eve of the closing of the monthly K, the market trend of Bitcoin is like the edge of a cliff, extremely dangerous, and the long and short sides are already on the verge of a fight. Under the shadow of the expectation of interest rate cuts, the shadow of a sharp drop is lingering, and the PCE price index to be announced in the evening adds uncertainty to this game.
The truth of the market has not changed-buy expectations and sell facts. Both long and short positions have their reasonable opening logic. Even in seemingly one-sided market conditions, there are still opportunities for reverse compounding. No matter how obvious the trend is, whether you dare to go against the trend depends on your understanding of the market and the accuracy of your operations.
For tonight's operation plan, the short strategy in the morning remains unchanged. There is no sign of a breakthrough in the intraday trend, the pressure structure is clear, and the liquidity of the market funds is insufficient. These have become my firm reasons for continuing to be bearish.
Want to be invincible in this competition? Follow Mr., and take you to solve the market puzzle and win the game!
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