Next stop, go ashore!


These days, many friends are asking if their short positions are trapped, will it still fall, or is a big bull market coming?
Let me clearly tell everyone, there will continue to be a big drop, with the target directly at 66,000!
This morning’s waterfall, I believe everyone knows the reason—Iran and the US did not reach an agreement in the talks.
Actually, these are well known; the US is unlikely to agree to these conditions.
So, when trading, you should focus more on the latest news.
Yesterday, breaking through 73,000, many small partners chased longs, thinking the trend had changed, only to get caught at the top again.
Rising to chase the rise, falling to chase the fall—how can you trade good positions like this?
This wave, to push the market up, was already directly pushed above 76,000, so why do it so slowly?
Look at the chip structure: there are almost no trapped orders above, so pushing the market up should be easy, because the selling pressure is light.
Recently, many have cut their losses, but understand what environment this is—this is a bear market.
What is the significance of a bear market rally? It’s to stop losses, trap people, and harvest.
There are no chips above, which also proves no one is setting stop losses, no liquidity, no chives to harvest, so pushing up in vain?
The main force also has costs for pushing the market; they can’t lose money doing business, so the cost-effectiveness must be calculated clearly.
Look at the technical indicators: before the waterfall, the 4-hour chart was moving in a sideways upward trend, but MACD has already formed a bearish divergence;
The daily chart has already reached the upper Bollinger Band, yet people still talk about going long—aren’t they just asking to be fed to the wolves?
Look at the macro environment: US-Iran talks are not going well, and conflicts are likely to continue.
Iran is not a soft bone; the US can only use force to subdue them.
Take it slow, I’ve been analyzing the market on the front line; in a bear market, shorting still has the highest cost-effectiveness, and a bigger waterfall is brewing!
$BTC
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Web3Tianlu
· 15h ago
Kantan🐧
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