In one go, it surged from 0.0155 to around 0.0342—$US almost crashed straight into the selling pressure zone at the previous high.
The short-term, twofold rally failed to break through resistance. Instead, the market now faces pressure from both sides: below, holders sitting on doubled unrealized gains are ready to cash out at any moment; above, buyers trapped at the previous high are eager to break even, creating selling pressure.
When a strong resistance level is met with a weak push higher, the risk is already far greater than the odds of success. Going long here is simply handing your capital to profit-takers as exit liquidity.
#比特币反弹至8.3万美元 #US $US
#US $US
#比特币反弹至8.3万美元
👇
The short-term, twofold rally failed to break through resistance. Instead, the market now faces pressure from both sides: below, holders sitting on doubled unrealized gains are ready to cash out at any moment; above, buyers trapped at the previous high are eager to break even, creating selling pressure.
When a strong resistance level is met with a weak push higher, the risk is already far greater than the odds of success. Going long here is simply handing your capital to profit-takers as exit liquidity.
#比特币反弹至8.3万美元 #US $US
#US $US
#比特币反弹至8.3万美元
👇