Currently, $BTC did break a bit, but it didn't quickly follow through downward; instead, it recovered with such volume. At least now, judging by the hourly chart, it's still a bit early to say that a break means we're in the toilet. The previous post said don't rush to go long, which doesn't mean I'm very bearish ⬇️, it only means I'm a bit conflicted here.


(I'm not a permabull; everyone knows I'm essentially bearish 🈳 in the big picture. This consolidation period is just me looking for a better position to add back the shorts I reduced earlier. Last time we were just a few hundred dollars away—such a pity.)
Today, at the 618 resistance, not choosing to go short 🈳 already missed today's opportunity. If you missed it, just wait for the next one. Not trading doesn't win, but at least it doesn't lose.
As always, the big opportunity this year will definitely be caught. For these unclear situations in between, it's enough to be steady and get some small gains. Missing out on unclear moves can also be a good result. We're not the main character; we have no halo.
The consolidation range is inherently 🐶 the market maker's meat grinder. Never think about getting big profits here.
So, what I want to express is, if you're anxious now and don't know which side to take, I suggest you sleep, be a bit more patient, see what tomorrow looks like, and if there's a suitable opportunity, we'll take it together.
BTC-0.79%
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