If the Clear Act doesn’t pass tonight, it’s likely we’ll see a fresh wave of accelerated selling 📉
$BTC
$BTC
Post
--
Bearish
黄粱一梦
·
--
Bearish⚠️Top range being built:
BTC, ETH, and the previous rebound are no different. We are in the late stage of the rebound. We’re building a consolidation range at the top. There may still be a fake breakout upward, but it won’t go far. Every rebound is a chance to short (don’t blindly shout “bull is back”). And once the daily K closes validly below the range, we’ll enter the second half of the bear market 🤔
Also: The CLEAR Act will be voted on tonight, and it will most likely fail. Under normal logic, after it fails, there will be a retracement 📉
P.S. I already took profit on my BTC short; I took profit on about half of my ETH short. Right now I still hold shorts on BTC, ZEC, and dragon shrimp 😇
$ETH $ZEC $龙虾
BTC, ETH, and the previous rebound are no different. We are in the late stage of the rebound. We’re building a consolidation range at the top. There may still be a fake breakout upward, but it won’t go far. Every rebound is a chance to short (don’t blindly shout “bull is back”). And once the daily K closes validly below the range, we’ll enter the second half of the bear market 🤔
Also: The CLEAR Act will be voted on tonight, and it will most likely fail. Under normal logic, after it fails, there will be a retracement 📉
P.S. I already took profit on my BTC short; I took profit on about half of my ETH short. Right now I still hold shorts on BTC, ZEC, and dragon shrimp 😇
$ETH $ZEC $龙虾
