The elasticity is really very poor.


The last wave broke below 60,000 and then rebounded violently, with an 18% fluctuation and a 12% increase, going from 59,000 to 71,000.
This time, the rebound didn't even reach 65,000. I was planning to short again at 65,000, but it seems I won't have that chance.
Breaking below 60,000 is inevitable, just a matter of time.
Now, I'm just waiting for a significant break below 60,000 before shorting.
Because the 60,000 level is likely to bounce back repeatedly, rushing in to short now is riskier and also a waste of time.
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
  • Pinned