Family, who understands this? On the morning of the 23rd, I just opened the backend and was hilariously angered by a fan's question – 'Can I short this top-tier altcoin?' I couldn't help but snap back! A coin that's about to hit a historical new high, and you want to go short? Isn't that rushing into a bullet pile? Fortunately, this fan took my advice and went long instead; now I'm watching that big bearish candlestick directly crashing to $4, probably feeling secretly happy!
It's time for the real talk. Let's discuss why I confidently called for a bullish trend this time. First, let's look at the impact of the Federal Reserve's repurchase agreement plan; recently, expectations for liquidity easing have warmed up. With mainstream coins stabilizing, high-quality altcoins themselves have the potential for price recovery. Secondly, observe the price action of this coin; it has tested the resistance level multiple times without breaking down, and the trading volume has been consistently increasing, clearly indicating that the main players are building momentum for an upward attack. The so-called 'quick new highs' is actually a signal of building momentum before a breakout; at this point, going short is simply counter-trend trading. Furthermore, from the market sentiment perspective, the rotation in the altcoin sector has been obvious recently. This coin, as a leading asset within the sector, has attracted significant capital attention, and following the trend is the way to go.
Many new friends always like to short against the trend when the market is about to break through, thinking 'it's risen too much and should drop', but what the crypto market lacks the least is trend continuation. Follow me, and I will continue to share techniques for market analysis and logic for trend judgment, helping you avoid rookie pitfalls and accurately grasp trend opportunities! Follow me @链上标哥 , so you won't get lost!
