#比特币走势观察 $BTC

The current market indeed presents a feeling of being precarious.

A spike is not scary; what’s scary is a continuous decline.

Currently, the hourly line for Bitcoin has already broken down.

If there’s no rebound intention in the second wave of the four-hour line, consider stopping half of the losses.

For the remaining half, aim for around 96100; if it breaks down further, exit the entire position. A false spike may occur to lure shorts again.

Personally, I tend to favor a false breakout to lure longs before a waterfall decline!

Currently, the bearish sentiment in the market is exaggerated; if it continues to decline like this, retail investors will mostly run away, $BTC