The frenzy bull run is over, and Bitcoin is officially entering a choppy, range-bound market！！！
A sudden plunge wiped out a large number of leveraged long positions; the liquidation size of long orders far exceeded that of shorts.
That crazy bull rally that surged relentlessly is temporarily coming to an end—what follows is choppy, back-and-forth trading.
In terms of strategy, on rebounds you can look for opportunities to trade swings. Whether it’s a T+0 swing or a short-term trade, don’t mindlessly chase higher prices anymore.
As for the overall environment: the liquidation wave has just passed, and Fed rate-hike expectations are still hanging over our heads—don’t use a large position to bet on a one-way move!
In a range-bound market, risk control > profit. Surviving is what gives you a chance.
Personal views only; not investment advice.
#风牛结束 #BTC走势分析
A sudden plunge wiped out a large number of leveraged long positions; the liquidation size of long orders far exceeded that of shorts.
That crazy bull rally that surged relentlessly is temporarily coming to an end—what follows is choppy, back-and-forth trading.
In terms of strategy, on rebounds you can look for opportunities to trade swings. Whether it’s a T+0 swing or a short-term trade, don’t mindlessly chase higher prices anymore.
As for the overall environment: the liquidation wave has just passed, and Fed rate-hike expectations are still hanging over our heads—don’t use a large position to bet on a one-way move!
In a range-bound market, risk control > profit. Surviving is what gives you a chance.
Personal views only; not investment advice.
#风牛结束 #BTC走势分析