Is this a false breakthrough for Bitcoin? Of course it is, and it has also taken part of the short-selling liquidity above. But I didn't choose to go short. #内容挖矿 #BTC

The logic is as follows

1. When choosing the trading direction, it is best to only focus on one direction. Do not think about taking both long and short positions, and respect the direction of the general trend. At present, I still believe that the general trend is that the bulls are strong, so I will not choose to go short.

2. The false breakthrough occurred before the U.S. stock market opened. The main U.S. funds had not yet participated, and the main battlefield had not yet opened. There is suspicion of a fake move here.

3. The short-selling space is limited. At present, I can only see a correction near 51,000, and the profit-loss ratio is limited.

Everyone's trading model is different. Just trade according to your own model and ideas. The above is just my understanding and perspective on the market.