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Hey guys, for those who missed today's rally, come to the comments section and slap your thighs...
At 12:57 noon, AiCoin indicated that BTC shorts were placing sell orders while longs were eating orders, and specifically reminded to focus on the 45-minute EMA55 and EMA89 resistance.
I was actually quite conflicted at the time. On one hand, I felt that the long-side absorption was decent and the rebound might still have room; on the other hand, I was worried that the overhead resistance was too heavy, so I didn't dare to chase easily, nor did I dare to reverse my position immediately.
As a result, the afternoon market showed no mercy at all.
The rebound just touched EMA89 and then turned around. After the top fractal was confirmed, it kept declining.
The previously warned resistance zone of 59,160–59,415 was verified once again.
Looking back now,
The most painful thing is not getting it wrong, but correctly seeing the direction yet failing to execute because of hesitation.
The most expensive thing in trading is often not losing money, but missing out on the profits that should have been yours.
Currently, open interest continues to shrink, MACD momentum remains weak, and short-term pressure hasn't changed.
Before it stands firm with volume, I still tend to view the rebound as a counter-trend rally.
Brothers who followed this short at noon, type '1' in the comments.
Those who missed the move, tell me: did you not see the alert, or like me, hesitated for a moment and then watched the market play out helplessly?