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Arlong Watching the Market:
Bitcoin Fake Rebound? Crude Oil About to Crash? You Must Listen to This Logic!
Brothers, isn’t this recent market making your heart race? Let me clarify it for you.
1. First, look at Bitcoin. Why did it suddenly surge yesterday? Wasn’t it because Iran backed down, went to negotiate with the Americans, and the Middle East situation cooled down? Bitcoin immediately staged a rebound. What about our empty-handed crude oil? It plummeted by 10%! Isn’t that awesome? So, can we still short now? Let me give you the details.
2. Honestly, I see this rebound as a typical false dawn, purely driven up by news. So my personal strategy is very clear: I placed short orders in batches at 79,422 and 81,255, halving the waterfall, rolling with the moves! If later the US and Iran really shake hands, maybe there will be another rally—that’s the best time for us to go short. When the good news is exhausted, the waterfall will come.
3. Do the math: Bitcoin has been rising for nearly a month, with almost a 25% increase. Chasing longs now is like walking on a knife’s edge; it’s dangerous. Compared to that, shorting at the high points carries much less risk!
4. Let’s talk about a timeline. Because the very unreliable Trump is tentatively visiting China on May 14. Back in 2017, during his visit to China, Bitcoin and the US stock market both surged sharply. We need to anticipate this in advance. So if it drops after May 8, I personally think around 76,700 is an ideal buy zone, waiting for the positive rally brought by Trump’s visit to China!
5. Our trading is never blind guessing; it’s all about logic and deduction. Those who follow my operations know this well, but if you only occasionally see my posts, you might not understand the behind-the-scenes reasoning. To survive in this market and even make big gains, remember to follow me. We provide real-time market analysis daily, giving you the latest trading ideas!