The U.S. stock market's crazy surge hides traps, Bitcoin's rebound is a good opportunity to short!



My strategy is one sentence: short on rallies, staggered positioning, hold firmly on the bearish side! 🔥$BTC

1. First, look at the market trend; the weakness in the crypto circle is fully evident, all signals point to bearishness!

1. Overall correlation: Bitcoin's slight rise relies entirely on passive follow-up from the U.S. stocks, lacking active upward momentum. U.S. stocks are wildly attracting funds, draining the crypto market. Even with new highs in U.S. stocks, the crypto market only barely follows, with weak gains.

2. Comparison of mainstream coins: BTC is already the most resilient in the crypto space, while ETH, SOL, and other major coins are extremely weak, struggling to recover previous highs. SOL's rebound is less than the March high, with exhausted upward momentum, and the market is extremely weak.

3. Key resistance level: BTC around 78k faces strong resistance, with huge selling pressure above that is hard to break through. A rebound to this level is a good shorting opportunity. U.S. stocks are in a bubble at high levels and could reverse at any time. The crypto market's decline will far exceed that of U.S. stocks, and follow-up gains will be quickly swallowed.

2. Next, look at the market logic: U.S. stocks are nearing a top, and the risk of a big drop in the crypto market is maximized!

The U.S. stock surge seems like a celebration, but in fact, valuations are already at historic highs. The unilateral upward trend cannot last and may trigger a deep correction at any time. The so-called rise is just a short-lived illusion.

When U.S. stocks slow down and lose momentum, the already extremely weak crypto market will directly enter an accelerated decline mode, with no resistance. Blindly expecting gains will only lead to deep losses.

Lin Ruize put it plainly today:
Bitcoin's current rebound is all a trap of false signals; the overall trend is thoroughly bearish. The 78k resistance level is hard to break through. Once U.S. stocks pull back, BTC will directly enter a significant downward trend. Mainstream coins and altcoins will fall together. Blindly going long or holding heavy positions carries huge risks. $ETN

There is only one opportunity: short on rebounds! Short in batches! Stay firm on short positions!
Control your positions strictly, short on rallies, and as the small coin market accelerates downward, follow the rhythm to steadily earn bearish profits! #WCTC交易王PK #美国寻求战略比特币储备
ETN2.29%
BTC2.27%
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