$BTC And altcoins
Many of you asked me to comment on btc today!
To be honest with you, it's not that I'm hiding anything, but the truth is that I can't analyze a time frame as short as (today) especially when the situation is like this.
I'm not like the experts at the top of the night who say "it's as you see it" if I had guessed correctly, I would have sold all 4 houses to jump in.
But if you ask me what my short-term view is, this will be my view: I still expect BTC to return to the 58 area or worse than 57 because when we reach this area, the selling force will be completely weak and we won't be able to penetrate any more, (because you still have The stock sold out and closed the other song, nothing left) then rebounded to the 74 area and because the resistance zone was at 75k and the liquidation order there was removed.
The mms have closed their short orders at this price, there is only a liquid wall at 72k that was set up by the short guys, so we can optimistically say it will reach 80k, this view is correct if and only if it will return. 58 or 57 only. Because the market is always fluctuating, I also have to constantly change with it. If there is anything wrong, I will review the article again. (If I say something wrong, admit it, I am a trader, I don't trade stupidly like kol where is tot tot)
As for altcoins, if the above scenario is correct, the pile of memes vs ancient coins will explode, please pay attention.
You can see that altcoins in the past 2 or 3 days (can't remember clearly) have been more resilient than the previous decline of BTC. BTC also decreased but not significantly, completely different from the previous decline. Whether it's the bottom or not, we'll know for sure if BTC drops to 58 or 57.
(Still the old saying, limit the future in this section, actively collect spots. Future just wait until having then play)