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🔹Reviews of Cognitive Society
Bitcoin plunged 60,500 on June 24
Today's copycat performance is a bit interesting. As Bitcoin plummeted to the bottom and then rebounded rapidly, this was the first effort to stabilize the bottom. Because the sharp drop can break through the market's long orders, the main force eats a large number of bloody chips. The rapid rise makes it too late for retail investors to grab long orders, so the main force can eat a certain number of long orders for the first time.
The standard for whether the main force of the copycat has eaten enough is not how much the market plummeted, but the strength of the rebound, which must break through the starting point of the June 18 plunge. Because many people are trapped at the high point of June 18, if they don't get out of the trap, they can't talk about determination at all.