There is nothing new under the sun; viewing all matters from a perspective of interests will yield a reasonable explanation. The market's decline has nothing to do with Trump's government shutdown; it's just that there are too many people in the contract game, and the retail investors have risen too high and need to be cut. I believe that a Bitcoin contract position of less than 600,000 coins is appropriate.
Suddenly, I felt in another space-time that I was hoarding XRP, and then it kept declining. Just when I was about to give up, I woke up one morning and it multiplied by hundreds or thousands of times. I relied on it to achieve financial freedom.
At the end of September, I dreamt that Bitcoin reached 84,000. I posted about it, but no one saw it. Today, the dream came true; what we cherish will surely resonate! #BTC突破8W2大关
The current situation of Bitcoin is the rising inventory, plus the trading volume. The CME bosses are locking their positions. Unless the trading volume increases dramatically and the price does not rise, or even falls slightly, they will have to run away. Now, they are increasing their positions.
As the saying goes, travel light, there will be a wave of fast market, the volume of the cake is still large, it can't carry it far, someone will drag it down. Unless you throw it while walking and walk on the slope, the volume must continue to shrink steadily, so that you can get out of the slow bull market. #美国8月非农就业人数不及预期 #小非农增幅创3年多新低 #BTC走势分析 #BNBChainMemeCoin #美联储何时降息?
Big cake, with this volume, it can't be sold too low. Unless the volume explodes again. Don't panic, if you don't have a position, just short it. If you have a position, open a short position to prevent being hit by a spike. Wait for the good times to come.
The stock of Bitcoin has reached a new high, but the trading volume is sluggish and continues to decline. It is likely that investors are reluctant to sell, and the price is expected to rise in the future.
So far, I can't see any signs of the shock pattern being opened, so I opened 2 grids that I personally feel are safe. I will post them here so that everyone can discuss and seek guidance.