Seeing the current #Bitcoin trend, it suddenly reminds me of “The Biography of the Humble Room” (陋室铭). It makes me feel that every holder can read it a few times to boost their confidence.
I think, for the current #BTC, the most appropriate mindset is this stage of long-term consolidation in the bottom range (with both sides taking turns acting like idiots).
And right now, both BTC trading volume and the range’s amplitude are too small. What we’re lacking, I don’t actually think is good news—it’s bad news. We need a timely, sensitive piece of bad news to fully clear the selling pressure, and then the next leg of the move can start.
In the current stage, keep watching for range-bound pullbacks. If the selling pressure clears and doesn’t break below 58,000, I think that’s the buying opportunity! #SEC审查6只3倍杠杆商品ETF
I think, for the current #BTC, the most appropriate mindset is this stage of long-term consolidation in the bottom range (with both sides taking turns acting like idiots).
And right now, both BTC trading volume and the range’s amplitude are too small. What we’re lacking, I don’t actually think is good news—it’s bad news. We need a timely, sensitive piece of bad news to fully clear the selling pressure, and then the next leg of the move can start.
In the current stage, keep watching for range-bound pullbacks. If the selling pressure clears and doesn’t break below 58,000, I think that’s the buying opportunity! #SEC审查6只3倍杠杆商品ETF