$BTC
There is a saying: all well-prepared problem-solving solutions will ultimately turn into the next problem!
So the question arises, was yesterday's beating worth it?
Originally, a profit-taking of 3000 dollars was possible, but ended up being beaten out; was it greed?
Actually, no. Originally, the 4-hour chart showed 3 segments of decline and consolidation at a lower low, making it reasonable to target 90,000. But when it reached 90,000, why not take profits? Because there was no consolidation, indicating that the rise was not finished. The start or end of every market phase is determined by the central pivot.
Therefore, there is no reason to exit the market.
Moreover, this market is not about defeating the big players but about following them. If the big players don't want to make money, why should we be able to?
Last night's bullish trap further confirmed the statement in the chart, similar to the market in March, there is still one wave of downward movement.
There are still several thousand dollars away from a new low, why not short?
Having shorted from 935, I was misled last night; re-entering would disrupt the rhythm, and rhythm is the most important aspect of trading. The perspectives from inside and outside the market will become different~
Last time I said that a rate cut would lead to a new high point ending the bullish trend,
This time I see a rate hike leading to a new low point ending the bearish trend.
This market is against human nature! Just patiently wait.
