I already said this before: once altcoins start clearly outperforming BTC, don’t get carried away chasing for more. Just stay calm and wait for a high-level shorting opportunity.



And now, just looking at crude oil prices alone can actually explain the problem. The market is not as optimistic about the US-Iran negotiations as people imagine. If the talks really went smoothly, crude oil wouldn’t be able to maintain this kind of strength.

So why did the crypto market suddenly surge upward?

To put it plainly, I’m more inclined to believe it’s the main forces borrowing sentiment to keep luring traders into buying. The rally isn’t meant to help you make money—it’s meant to pull market sentiment back to “the bull run quickly returning,” so more people end up taking the bag at higher levels.

At this stage, the higher it is pushed, the bigger the risk of chasing long positions.

So, personally, my thinking is still very clear: wait for a short at high levels—that’s it.

For this wave, the high point I can see for now is at most the 83600-84800 range. Beyond that, I’m not very optimistic.

BTC:
81500-81800 range for placing short orders
Targets first: 80500 79800 78200

Don’t catch the last bullet when emotions are at their most excited
#BTC突破82000美元 #特朗普5月13日访华 #日本国债上链24小时交易 $BTC
BTC0.31%
View Original
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