Morning review: Bitcoin has repeatedly failed to break through, with significant resistance at the 91,000 level. Be cautious of sideways fluctuations that could burst the long positions!
Currently, Bitcoin's market trend has shown some signs of pullback. We can see that Bitcoin has repeatedly failed to break through resistance. Shepherd has pointed out this key level multiple times. Frequent failures to break through may lead to a failed attempt to reach 100,000 in the near future.
The current market sentiment has entered a state of extreme greed. In this emotional state, the market is very likely to undergo a significant pullback to clear out bulls and leverage!
In the chart above, we can see that Bitcoin has broken through the key resistance level six times, but has not stabilized. Overall, since September, we have been bottom-fishing, with only one short position taken during a pullback, while the rest of the time has been focused on long positions at lower levels. Shepherd has also previously reminded that some profit-taking actions should be taken around 90,000.
Today's Bitcoin, Shepherd suggests adopting a wait-and-see approach. Yesterday afternoon, my exclusive strategy provided a long position at eth3110, which realized a profit of about 100 points. Congratulations again to those who followed the exclusive strategy.
At the same time, I want to remind everyone that Shepherd will provide 5 exclusive strategy discount slots at the end of the month, and currently, only 2 slots are left. If you want to learn professional skills and knowledge, please contact me or the community administrator! Daily technical practical teaching, various knowledge point explanations, and the latest super hot market memes at your fingertips! The market trend is controlled to the extreme state. If you still have doubts about Shepherd's techniques, please review my historical content! Only professionals can do professional things, do not blindly operate recklessly in the market and become a qualified '韭菜' (retail investor), not a fool!
ETH is still weak at the moment, with traffic completely taken away by SOL, and on-chain activity is extremely low. Therefore, we need to focus all our attention and energy on SOL. I remind everyone to correctly understand meme coins. You will find that most of the new projects launched on Binance this year are memes. So if you still hold prejudices against memes, you will miss out on the entire bull market!
Shepherd shares daily market peak memes, exclusive analytical methods for you to learn and master!
