#行情分析📈
How's the market looking right now?
First, let's discuss Bitcoin's movement; it hit resistance at 83000. However, looking at the hourly chart, the MACD is still above the zero line. I've seen a lot of folks going short, but I’d say it's just a minor pullback. The trend is still bullish. After this consolidation, it will choose a direction again, but entering at this spot in the spot market isn't great value for money anymore. Personally, I entered at 67000 and have taken profits on half of my position while holding the other half. A few days ago, I shared that altcoins like SOL and XRP gained several points, and FIL also hit a 30-point profit! With altcoins, we need to be a bit cautious and maintain good risk management. Don’t miss the rebound; if we face a correction, you might get stuck. Right now, especially with altcoins, it feels like the whales are playing their own game, leaving retail traders either deeply trapped or too scared to participate. So, when they pump, it’s just a way to harvest new retail investors—don't fall for it!
How's the market looking right now?
First, let's discuss Bitcoin's movement; it hit resistance at 83000. However, looking at the hourly chart, the MACD is still above the zero line. I've seen a lot of folks going short, but I’d say it's just a minor pullback. The trend is still bullish. After this consolidation, it will choose a direction again, but entering at this spot in the spot market isn't great value for money anymore. Personally, I entered at 67000 and have taken profits on half of my position while holding the other half. A few days ago, I shared that altcoins like SOL and XRP gained several points, and FIL also hit a 30-point profit! With altcoins, we need to be a bit cautious and maintain good risk management. Don’t miss the rebound; if we face a correction, you might get stuck. Right now, especially with altcoins, it feels like the whales are playing their own game, leaving retail traders either deeply trapped or too scared to participate. So, when they pump, it’s just a way to harvest new retail investors—don't fall for it!