Is the market over here?

Many partners may have been frightened by the backlash of Bitcoin in the past two days, and have begun to reduce their positions or even cut their positions. Little do they know that this is exactly the result that Zhuang wants to see. From another perspective, whether it is a big pie banker or a copycat banker, this is a mid-term consolidation, washing away unstable chips and pulling firm holdings onto the bus. Each time the market moves to a batch point. The long-short game in the market, the current market situation, is a process of clearing out the longs and accumulating shorts. At the same time, when sufficient accumulation is achieved, the retail investors who are chasing the highs will be forced to expel the shorts, and at the same time, the chip distribution will be completed.

Bitcoin currently supports 65600, 63500, 59000. It is a 4-hour backpressure with pressures of 68,000 and 70,000. It is currently in a volatile range. This step back is also a correction of the previous indicator divergence. Personally, I think the market is not over yet. Meme, chain games, and sol ecology have all experienced a sharp rise. Next, it is Inscription’s turn. If the current price of satx is low, you can add positions in batches to get the best results! #热门话题 #BTC #satx