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Let me give you an accurate description of the market.
This wave of Bull Market reached its highest point at 73800 and then fell back to 56000, which is easy to understand, rise long and started pullback📉
The second wave, which reached 72,000 last month, made everyone realize that when it was about to reach 80,000, it fell. It gave everyone the opportunity to buy at a low price, right? ⁉️
Is it very abnormal, BTC has risen sharply several times, and you can see that it has risen without looking back, and it will not give you a chance to buy at a low level. This wave of decline is because everyone realizes that it is going to reach 80,000, so it caused a drop to 54,000. 📉
market manipulator send money⁉️ I think market manipulator won't send money 😅
So yesterday's big rise can be understood in this way: either the high point of the next big rise is far above 80,000, or even 90,000, then this dump is necessary‼️
Either this pump is a sharp rise, in line with the pattern of quick rise and slow fall, it's a true dump when it falls. After the dumb buying from retail investors below, it will continue to dump, creating new lows lower than 53000. So now the safest thing in this market is to go long at the low, there really isn't any good choice 😅 Short? It's absolutely not the time to short now. Long? You will face the risk of dump again, there's no good choice. Maker, go long at the low, stop loss and then ReboundShort, take a small loss to seize the opportunity to enter the bull market. Currently, the only best choice 🙏
follow BTC ecosystem! There are opportunities hidden here, with the potential for hundreds, thousands, or even ten thousand times returns. Simf, FMLI... are all good choices!
#山寨季何时到来？ # How does the US election affect the encryption industry?