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Trader's opinion: January market dilemma, $100,000 breakthrough may fall short
【BlockBeats】The recent price performance over the past week has indeed been a bit unpredictable. Looking at the higher time frame patterns, honestly, they are not ideal, and it can be basically judged that there is still room for further decline.
At the beginning of the year, I was still thinking whether the new year could bring some strong gains, pushing BTC past $100,000, and by the way, helping other risk assets catch up. But now it seems that this beautiful imagination is most likely to fall short.
Rather than stubbornly holding on in this situation, it’s better to exit completely and take a step back into real life to calm down. Temporarily put aside trading, experience the real world, and wait until the situation becomes clearer later.