$BTC The daily-level pullback has finally arrived. Last Friday, I told everyone in the VIP community that I expected one final surge, so we went short in the 87000～88000 range. Later, the price fell to around 84000 and then rebounded again. My view at the time was to keep holding the short position, with weekly support still at 82500～83000.
Personally, I think that based on a 10% pullback from the high, if the price breaks below weekly support, we should first look at around 79000～80000. That’s because a typical bull-market correction usually involves a pullback of around 10% from a local high. Of course, many altcoins have already fallen more than 30% from their highs, such as $UNI. Often, the drop is where the opportunity lies.
My view remains unchanged: after this daily-level pullback, the market will continue moving higher.#币安推出BinanceIntelligence #Robinhood增持2500万美元比特币
Personally, I think that based on a 10% pullback from the high, if the price breaks below weekly support, we should first look at around 79000～80000. That’s because a typical bull-market correction usually involves a pullback of around 10% from a local high. Of course, many altcoins have already fallen more than 30% from their highs, such as $UNI. Often, the drop is where the opportunity lies.
My view remains unchanged: after this daily-level pullback, the market will continue moving higher.#币安推出BinanceIntelligence #Robinhood增持2500万美元比特币