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Today someone actually commented asking me, even though the overall outlook is bearish, why am I still going long at the low point of 80500?
Let me straightforwardly explain the logic:
1. The first wave of bears in the morning has successfully reached the target level, and the key support at 80500 has very strong holding power; not falling further is a sign of a stop in the decline.
2. After the bears finished, I also mentioned in advance that the market was testing the 80500 support, and the test results clearly showed resistance to decline, so it’s natural to buy the dip and position.
3. The fixed reference point for the specific level is just a guideline; sometimes it’s only effective once. But people’s market intuition and judgment are flexible, and as the market changes, the strategy must adapt accordingly. Whether you can switch with the trend depends entirely on your experience in reading the market and interpreting the charts; you can’t rigidly follow a template for trading.
Maybe this is the difference between professionalism and the average trader, and it’s also the reason why some people can never succeed. 😂.
$BTC #特朗普5月13日访华 #CLARITY法案下周审议 $GT