There’s always a little breeze in this human world, filling my 100,000 and 18,000 dreams. Missing one market move is fine, but you can’t miss every single one—right? The midday session once again surged upward to probe the 60,000 level, then came under pressure and pulled back. Clearly, as I said earlier, the market is currently running back and forth within a range. The overall direction remains bearish. This push higher can’t break further upward, so we’ll switch our thinking directly to going short and looking for downside.



From the current market picture, the early drop today was quickly followed by a rebound and price was recovered. What can be seen is that some funds got stopped out around 58,000, which is why the rebound was so swift and has some continuation. But the overall trend hasn’t changed—so the market won’t see any major changes. Switch to a high-short mindset!
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