Big pancake 8.33w, today it went back three points.
The short positions should have been closed and pocket the gains.
Yesterday’s high was 8.72w, now it’s 8.33w. After four thousand points, this pullback has basically been eaten up.
Just look at the chart—you’ll understand. The red line above is the top of this move. The support at the bottom is 8.2w. Now it’s squeezed in the middle, not far from the bottom.
It can still drop further, but there are people waiting to buy at 8.2w. Holding on without a good cost-performance is not ideal.
Take what you should take first.
For the rest, move the stop-loss to the break-even price; no matter how it moves afterward, it won’t lose. #BTC $BTC
The short positions should have been closed and pocket the gains.
Yesterday’s high was 8.72w, now it’s 8.33w. After four thousand points, this pullback has basically been eaten up.
Just look at the chart—you’ll understand. The red line above is the top of this move. The support at the bottom is 8.2w. Now it’s squeezed in the middle, not far from the bottom.
It can still drop further, but there are people waiting to buy at 8.2w. Holding on without a good cost-performance is not ideal.
Take what you should take first.
For the rest, move the stop-loss to the break-even price; no matter how it moves afterward, it won’t lose. #BTC $BTC
