Everyone understands the old rule that bad news being fully priced in is good news, but the market has been stagnant for a long time. Last night's emotional release was merely the release of pent-up feelings. Don't mistake this for a signal of a bull market recovery!!!
The resistance at the 97000-100000 level for Bitcoin and the pressure around the 37-38 range for Ethereum has never been just for show. Your opponents are clearer than anyone else. With the transition to bearish conditions, no one will be foolish enough to push the price up to help you break even and then let you sell off. Therefore, the core logic of the major trend remains bearish; the key is when to take action.
The interest rate cut on the 11th is approaching, and the big volatility you have been looking forward to is already in the pipeline. Don't let emotions mislead you, and don't be superstitious about so-called good news reversals. Follow the clear market logic, and you won't miss the rhythm amid the fluctuations. No more talking, if you want to follow Brother Feng to capitalize on this wave of fluctuations, come and take a look.
