See original
封狼-实战为王
--
Good evening, friends! Let's keep it simple. You are shorting in the 945-950 range; if there's a chance to get out, don't rush, just don't operate recklessly. I'm currently just cleaning up messes; you guys are enjoying the profits and haven't shared any with me 😂
From the morning until now, it has been a steady rise with not much retracement action. In the short term, it is indeed strong, but this cannot be taken as a basis for reversal. What are the conditions for the bulls to be established? The lows must gradually rise, and after a retracement, it must break the previous high again. I've mentioned this before.
Now it has risen to 968, and some people are looking at 980 and 990. When it goes up, everyone will have something to say. Were they all mute before it went up? It’s really funny.
From the 4-hour chart, after dropping from a high of 1083, there have been two instances of three consecutive bullish candles until today. The last time it was pulled to 999 before going down. Will it do the same this time? Personally, I think the probability of it coming down is quite high. It just depends on where it will go this time. If it doesn't do well, after touching above 970, it might retrace again, continuing to wash out positions. In any case, it's a double kill for both bulls and bears, leaving no way out.
The key to watch tonight is the performance of the US stock market. Looking at the daily chart, it’s highly likely that the US stock market will trend downward tonight; it’s just a matter of how much it will drop. Therefore, after Bitcoin drops, you must take action, rather than holding on and doing nothing. If you're in a losing position, you must first think about protecting yourself.
From the morning until now, it has been a steady rise with not much retracement action. In the short term, it is indeed strong, but this cannot be taken as a basis for reversal. What are the conditions for the bulls to be established? The lows must gradually rise, and after a retracement, it must break the previous high again. I've mentioned this before.
Now it has risen to 968, and some people are looking at 980 and 990. When it goes up, everyone will have something to say. Were they all mute before it went up? It’s really funny.
From the 4-hour chart, after dropping from a high of 1083, there have been two instances of three consecutive bullish candles until today. The last time it was pulled to 999 before going down. Will it do the same this time? Personally, I think the probability of it coming down is quite high. It just depends on where it will go this time. If it doesn't do well, after touching above 970, it might retrace again, continuing to wash out positions. In any case, it's a double kill for both bulls and bears, leaving no way out.
The key to watch tonight is the performance of the US stock market. Looking at the daily chart, it’s highly likely that the US stock market will trend downward tonight; it’s just a matter of how much it will drop. Therefore, after Bitcoin drops, you must take action, rather than holding on and doing nothing. If you're in a losing position, you must first think about protecting yourself.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
5
0
Replies 0