Brothers are in our hearts, and the clear trend still doesn't dare to go short?

Recently, it's a typical short squeeze market, with the US stock market soaring, and the crypto market's liquidity being quite low, causing serious decoupling and no upward movement. If you’re hoping for a bull market, recall last year's Bitcoin surge to 120,000, when everything was reviving and rising together. This year's market has been severely damaged since the black swan event in November. The crypto market's liquidity is frighteningly low. Not following the upward trend indicates that buying pressure can't keep up. How could a bull market be here?

My personal view has always been to stay short above 80k. Don't chase after bullish signals either. Tonight’s non-farm payroll data exceeded expectations and was a major negative signal. After midnight, the price still smoothly declined to the target level. Bitcoin broke below 80,000, and Ethereum also retraced to around 2,260.

So sometimes, direction is more important than effort. Besides technical analysis, trading also requires guidance from the overall trend of the market to achieve the expected results!

Take profit and celebrate, good night everyone!