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Whether you are in a short position or a full position, you don't need to guess the evening's ups and downs anymore. Lao Jiu is coming straight to you with the standard answer! The market may seem calm on the surface, but in reality, there are hidden undercurrents. I will briefly explain a few key points about the evening's trend, please pay attention to them!
Long-term followers are well aware that Lao Jiu's views are always clear-cut, and his logic is very strong! Currently, BTC has entered a phase where everyone has their own opinions, making it hard to understand at first glance. However, with careful consideration, there are some insights to be gained.
After a brief and rapid whipsaw, many have already lost their chips, and the blood is flowing in the altcoin market!
In recent days, the intentions of the market maker are obvious. They use news to quickly whip saw and create a panic effect, with the aim of confusing those with weak wills to hand over their chips, and then absorb them at a low position to achieve the effect of whip sawing. The current effect is very good!
The current pace is relatively slow, and BTC has not fallen much. The main force at this position is not in a hurry to pull up. In the eyes of Lao Jiu, this method, although slow, is very steady!
There's not much to say about the market. Currently in the European trading session, BTC is consolidating around 65.5k and will rise again after a slight consolidation in the evening!
Like, follow, and share are the greatest support! #BTC #ETH