BTC market analysis and strategy

$BTC rebounded to 58967.5, up 2.12%, but this does not mean a market reversal. Without any major positive news, it is likely to knock out the short-selling chips in the 57000-58000 range. I personally think the direction is still downward, but I don’t know if the friends who are shorting in this range can withstand this rebound! Spot Contract Junyang👉@点这里 加密乘风

The current market is bearish, but I think that under this sentiment, a large number of short-selling chips will accumulate in the 56000-58000 range. Even if there is a big correction, the dealer may work together to pull out a big positive line and knock out this batch of short-selling chips. Remember, the market will not let most people make money easily!

The plunge often comes quietly amid the call for the market to bottom out and rebound, and it is difficult to brew a big plunge in panic. There is a high probability that a pullback will occur, but I don’t think it will be today. Before the 6w point, I will not short at the current position!

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