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$KAT Air Force quick retreat, short-term bullish!
Although there are profit-taking sell-offs at high levels in the current market, there has been no large-scale selling, and the main funds are still in the market. The current sideways consolidation is not the end of the trend, but more like accumulating strength, waiting for more opposing orders to enter.
This wave at 5:30 did not create a new high, don’t rush to be bearish, this is very likely the market’s main force controlling the market and shaking out weak hands. The funding rate has been adjusted to once every hour, indicating that the main force may launch a new round of rally at any time, targeting the stop-loss zone for bears.
My judgment is very clear: close short positions as soon as possible, and continue to be optimistic in the short term.
A Yang has already positioned long orders around 0.0232, waiting for the project team to make a move. Friends who want to follow can contact A Yang at any time to confirm take-profit and stop-loss strategies. $CHIP