BitEagle 🦅9.4 Accurate Market Analysis @Everyone
Good morning, brothers. BTC fell below $57,000 at 9 am.
When the market plummets or soars, the human brain will be stimulated, thus making irrational judgments.
How do we view the current market? We still need to analyze rationally,
Explain it more clearly and avoid ambiguous analysis.
The core factors of the current decline:
Mentougou released more than 80,000 BTC last month.
These BTC continue to cause selling pressure. If 3,000 are sold every day,
then it will take nearly a month.
The stage we are currently in is the oscillation range of digesting the selling pressure of Mentougou.
When will it plummet or fall sharply? Two aspects
(1) There are too many profit-taking orders in the market, and the cost is low. A large-scale sell-off will cause a sharp drop
(2) A black swan event will cause a sharp drop
The current short-term cost of the market is $63,000
The 100-day cost is $59,000
There is no other profit-taking order except Mentougou
Therefore, from a rational analysis and judgment, there is no possibility of a further sharp drop
The current price is not the bottom but close to the bottom
Why do you ask everyone not to sell at a loss? What if it rebounds after selling at a loss
If you buy a token that is not a high-inflation token, it will fall for 1 month, and it will rise quickly in a few days when there is good news
You must see hope in the crisis to have a chance to make money$QUICK $DATA $TIA #BTC走势分析