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The market movement is exactly the same as Brother Yu’s stated view.
On April 23, the big one (BTC) reached a high point of around 79,500, then pulled back; many people looked bearish during the pullback. On Thursday, Brother Yu also said in the community and on Twitter: don’t chase the short—there is a high probability of forming a double top!
Yesterday afternoon, in the members’ group, there were many ETH long positions; this morning, the broader market rebounded. Starting around 79,500, we began notifying everyone to reduce positions and take profits. This round of market action was completely correct.
$btc
$BTC