The well-known trader
#半木夏 pointed out that the current phase of
#BTC is not an ideal long position in terms of cost-effectiveness. It's not that he is bearish, but rather that the liquidity on a mid-term level is continuously being pressured by ETF selling, and overall risk is accumulating.
This afternoon, this OG trader from the Chinese community clearly stated that he temporarily withdraws his bullish stance, believing that market uncertainty is still rising, and the subsequent trend is likely to be dominated by complex oscillating adjustments.
It is worth mentioning that he previously judged that around 85,000 dollars was a relatively favorable mid-term layout position, which could constitute a phase low point in the next one to two months. However, this bullish judgment lasted less than a week before being declared over.
#加密市场观察