Last Friday, the whole network collectively turned bearish; before the US stock market opened, it was discovered to be a short squeeze, so I decisively canceled the early morning and afternoon Silk Road reversals and turned bullish.



After that, Bitcoin violently surged, rising straight to the 78,330 peak, and the bulls perfectly delivered.

At the same time, I reminded everyone early on that after a sharp rally, there must be a major drop—don’t chase longs at high levels or stubbornly hold long positions; once the emotions cool down, a deep pullback will follow.

Now the price action fully confirms the prediction: the price topped out at 78,330 and slid lower all the way to 75,000, with the downward pace unchanged.

Short squeeze, topping out, and pullback—through the entire process, the rhythm is firmly and precisely controlled.

Price rises and falls in cycles forever—don’t follow the crowd’s synchronized sentiment. Only by understanding the trend, keeping a backup plan, and controlling risks can you get the upper hand.

At the current stage, the market is oscillating at high levels, and a deep rebound is not ruled out! Right now, we urgently need a piece of news to break the current situation! #Gate13周年现场直击 $BTC $ETH
BTC-1.6%
ETH-1.41%
View Original
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin