#BTC
How will the market choose next, skyrocketing or plummeting?
At present, there are still some people who are empty-handed, and most people are reveling in the arrival of the bull market. Don't be anxious, don't panic, it has just begun. Big cakes are trading sideways, copycats are generally rising, and some are flying wildly.
So, do you think this is the beginning of a bullish period, or is it about to usher in a plunge?
But now, regardless of whether they are short or bullish, they all feel that they are justified. The bulls are relying on next year's Bitcoin halving, BlackRock's ETF in the future, etc.
The reasons for being bearish are also very clear. Currently, global economic data is sluggish, liquidity is insufficient, and there is currently not much OTC capital entering the market.
In fact, if you think about it carefully, both long and short positions seem to make sense, but how the market will go is what everyone is paying attention to.
From the perspective of forward game theory, the bulls are still strong and the bears are still struggling. In the short term, they are still mainly volatile. They occasionally test upwards and pay attention to whether the previous high is broken and established. The current situation is indeed not very friendly to short sellers. If the short-term shock market does not make the remaining short sellers despair, then there may really be a final round of rise. When everyone is excited and celebrating, it will be the top of this round. Directions will be provided by the 20th at the latest.
