$BTC This morning’s dip swept up all the liquidity below in one wick 😂
This rally is essentially being driven by short sellers’ stop-losses.
Don’t rush to go long just yet.
The biggest risk with a sharp V-shaped rally is that it hasn’t retested the support to confirm it.
Even if the price keeps climbing, watch out for a second pullback after the spike as the market shakes out traders. If you’re unsure, 点击进入聊天室 #比特币重回8.4万美元
This rally is essentially being driven by short sellers’ stop-losses.
Don’t rush to go long just yet.
The biggest risk with a sharp V-shaped rally is that it hasn’t retested the support to confirm it.
Even if the price keeps climbing, watch out for a second pullback after the spike as the market shakes out traders. If you’re unsure, 点击进入聊天室 #比特币重回8.4万美元