Discuss personal market outlook
As expected, the price of Bitcoin has been adjusted down by 17,000 points from last week. Currently, the weekly trend is quite bearish, and it seems that the decline is not yet over.
This week's bearish candle opened with an upper shadow, indicating that there is pressure above, and subsequent pinning situations are likely.
The decline is always gradual; there is no market that only goes down without any rise. It is inevitable that we will test 80,000 this Tuesday, and everyone can see that this critical level, close to the neckline, is easy to defend but hard to attack. Recklessly entering the market is clearly not a wise move, and we should observe the dynamics of this major level this week. #比特币波动性 #加密市场观察
Considering reversing to a long position is not on the table right now; stabilizing above 80,000 is the first phase to buy the dip.
