š#BTC reaches the ideal target zone, cautious callback riskā ļø
š§ As we set new highs again and again, my vigilance also increased a lot. At present, we have successfully reached the daily level target area, and what we have to do is to reduce our holdings or close our positions.āļø
ā”ļøBecause the realization of the daily level target means that the daily level adjustment expectations have appeared, so I would not be surprised if it falls from here.āļø
ā”ļøFrom a graphic point of view, we are rising according to the wedge model, which is not a very good signal. It often starts to fall according to this pattern.š
ā”ļøAlthough the views I expressed are somewhat pessimistic, I still stick to my principle and donāt go short! ! ! Because judging from the structure of the weekly and monthly levels, we are still in a bullish trend.
ā ļøAt the same time, donāt forget about risk management.
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