Trend reversal? No Yesterday saw a rapid plunge and massive liquidation of longs, followed by a sharp recovery of lost ground. It was clearly a back-and-forth wipeout of both longs and shorts. If U.S. stocks do not continue rising after opening tonight, the market is highly likely to trade sideways going forward. Do not chase the highs. Bitcoin reached 80800 as expected. In the short term, the round-number level does provide strong support, but the downward pattern is not over. As long as it rises above 83000 over the next two days, continue shorting it. The next target remains 78800. For Ethereum, focus on 2535 for now. If it fails to break through, continue shorting. If it breaks through, we can only look for a higher entry point. We can cautiously open a small short position near 2500 and reserve capital to add, so as not to miss the move. For now, look toward the 2420 area below; reduce the position and hold after a breakdown.#BTC回调触及81000美元 $BTC

Traveled 80 kilometers round trip to attend a crypto meetup, BTC breaks through a key resistance level; watch for changes in subsequent trading volume.

How ruthless—exchanges aren’t even making as much money as Dewu. What does a 10% Dewu fee actually mean? Sell shoes for 1000 yuan and receive 891 yuan; sell clothes for 10,000 yuan and receive 8,845 yuan. Is this robbery? Even obscure exchanges don’t deduct this much in fees when opening a 1000u Bitcoin contract. $BTC ‌ Dewu is way too outrageous—the sellers have it worse than crypto traders.