After sharing, we should get to the main topic. The Bitcoin market experienced a drop yesterday, and currently, it looks like a massive long stop-loss, followed by a strong short selling action. It fell more than 2,500 points and then sharply rebounded by 2,200 points. This is a common tactic used by market manipulators. We can see that this rebound, on the 15-minute K-line, is tangling above the Vegas channel for the first time. If it can hold, it indicates a chance for further counterattack.
66,500 and 65,400 are still places to place orders; we cannot rule out the possibility of market manipulators testing multiple times. Since yesterday's close formed a long-tailed short entity candle, today's entity is currently at the same height as yesterday, indicating that we are still in the consolidation phase I mentioned. Everyone should pay attention to Bitcoin's breakout from the range of 67,800 and the subsequent pullback rebound. The general direction remains bullish; for steadfast bulls, the intensity of this pullback is expected.
Of course, recent market predictions regarding altcoins like NEIRO and PEPE have indeed been a misjudgment; I really didn't expect them to drop so harshly, and I need to reflect on myself for that. This is also why I repeatedly emphasize the importance of setting stop-losses. Follow me for the latest insights.