TermMax Daily Topic: (With today’s market overwhelmingly one-sided bullish sentiment, it has long been detached from the objective price action. While it’s undeniable that Bitcoin has the possibility of reaching the $50,000 level, when the vast majority of traders are unanimously bullish, the market often moves to a reverse rhythm. A long period of sideways consolidation and grinding is likely to come first. The market always harvests uniform expectations. The risks currently lurking for shorts are far greater than the risks for longs.)

BTC1.98%
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