11.14
This is a weak rebound in a weekly-level B wave 🌊, very similar to the previous cycle. I just mentioned this during my livestream: this week's weekly trading volume is on par with the past few weeks, but the sell-off is steeper, indicating that bulls have less ability to absorb the selling. In plain terms, retail investors don't dare go long anymore, so an adjustment is needed.
The gradual sell-off here is very similar to the previous cycle's 5w7 pattern. After holding above 65000, the price may rebound to the 66000–68000 range, a 3,000-point fluctuation. If going long here, I’d recommend a short-term long, while guarding against a C-wave sell-off. This is just an area to rebuild bullish positions. Be careful, be careful, and be extra careful!
Getting stuck in the mire and going astray are all part of life. If you got this trade wrong, you should regain your confidence. There’s no dead end for a warrior, while cowards see cliffs everywhere $BTC $ETH #Dr.Han牛津辩论社演讲
This is a weak rebound in a weekly-level B wave 🌊, very similar to the previous cycle. I just mentioned this during my livestream: this week's weekly trading volume is on par with the past few weeks, but the sell-off is steeper, indicating that bulls have less ability to absorb the selling. In plain terms, retail investors don't dare go long anymore, so an adjustment is needed.
The gradual sell-off here is very similar to the previous cycle's 5w7 pattern. After holding above 65000, the price may rebound to the 66000–68000 range, a 3,000-point fluctuation. If going long here, I’d recommend a short-term long, while guarding against a C-wave sell-off. This is just an area to rebuild bullish positions. Be careful, be careful, and be extra careful!
Getting stuck in the mire and going astray are all part of life. If you got this trade wrong, you should regain your confidence. There’s no dead end for a warrior, while cowards see cliffs everywhere $BTC $ETH #Dr.Han牛津辩论社演讲
