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BTC has moved down again, around 79,300.
Since dropping from 82k, this wave has lasted 5 days, not fast but with a clear direction #美国4月PPI同比暴涨6% .
Today I checked out strategies from KOLs, mostly leaning towards a defensive stance.
The big trader said that at this position, chasing short positions with the risk-reward ratio isn't worthwhile, wait for a rebound to decide the direction.
My own follow-trading also follows this logic—filter out clean strategies from over a dozen and follow them, not every trade is chased.
Are you bottoming out at 79k or waiting? Let's discuss in the comments. $BTC #