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Until yesterday, BTC’s 8w gap has been completely filled. Right now, only a small gap remains around 7w.
I didn’t expect the 8w gap to take 3 months to get filled. When the gap wasn’t filled in March, I thought it would be difficult to fill it in a short period of time—at least, only after the price bottomed out and then started moving upward would the gap be filled.
Because the probability of filling the gap within 1 month is the highest, if it goes beyond 1 month you’ll need to wait longer for the gap to be filled.
The consensus for this bear market is so strong that the market is everyone shorting. And since up to now no black swan has shown up in the late stage of the bear market, it has led to a break-down and drop in price. Perhaps this time going short is the wrong move?
My short positions are still continuing to lose money; I haven’t hit my stop-loss yet, but I expect that this short will get stopped out.
$BTC #Gate广场五月交易分享