Post
--Bullish
What position will drive bears to despair???
What position will shout bull return???
$BTC =$80600 above
This position is the concentrated liquidation area for retail investors and is also the key position where most short positions believe a trend reversal will occur.
Since the rebound in a bear market requires extreme inducement for a rally, it will inevitably break through this position and consolidate above. Structurally, it needs to be very bullish, while a large amount of positive news is released, creating a false bottom effect, and then gathering enough strength to experience a five-wave decline.
The purple box is considered a collective stop-loss area for bulls; once touched, the market will decline without looking back, just like it did to 97,000, down to the 50s.
What position will shout bull return???
$BTC =$80600 above
This position is the concentrated liquidation area for retail investors and is also the key position where most short positions believe a trend reversal will occur.
Since the rebound in a bear market requires extreme inducement for a rally, it will inevitably break through this position and consolidate above. Structurally, it needs to be very bullish, while a large amount of positive news is released, creating a false bottom effect, and then gathering enough strength to experience a five-wave decline.
The purple box is considered a collective stop-loss area for bulls; once touched, the market will decline without looking back, just like it did to 97,000, down to the 50s.