I have been observing the BTC trend, and to be honest, the bearish structure has not changed yet. Technically, it still looks relatively weak, and this operation has left me a bit confused.
Soon, there will be a conference in Hong Kong, and I am wondering if this time it will repeat that old routine? Every time there is an important meeting or event, the market inexplicably starts to fall, and this pattern is really too obvious.
I am very conflicted right now, can this time break this curse? From a technical analysis perspective, the bearish pattern of BTC is indeed still there, with no obvious reversal signals. But on the other hand, the market can be quite magical sometimes, and perhaps a reversal will happen just when everyone thinks it will fall.
However, I think it is still necessary to be cautious, after all, this phenomenon of "falling during meetings" has occurred several times already. Every time, everyone holds onto hope, yet the market just doesn’t give any face. For this Hong Kong conference, I personally feel it’s best to be mentally prepared, just in case it really does fall again, it wouldn't be too surprising.
At this moment, I think the most important thing is to control the position well and not blindly chase highs or bottom fish. It’s also not too late to make decisions after the conference ends and see how the market reacts. After all, such regular patterns can indeed be quite accurate at times, so one must remain cautious.
#BTC走势分析
Soon, there will be a conference in Hong Kong, and I am wondering if this time it will repeat that old routine? Every time there is an important meeting or event, the market inexplicably starts to fall, and this pattern is really too obvious.
I am very conflicted right now, can this time break this curse? From a technical analysis perspective, the bearish pattern of BTC is indeed still there, with no obvious reversal signals. But on the other hand, the market can be quite magical sometimes, and perhaps a reversal will happen just when everyone thinks it will fall.
However, I think it is still necessary to be cautious, after all, this phenomenon of "falling during meetings" has occurred several times already. Every time, everyone holds onto hope, yet the market just doesn’t give any face. For this Hong Kong conference, I personally feel it’s best to be mentally prepared, just in case it really does fall again, it wouldn't be too surprising.
At this moment, I think the most important thing is to control the position well and not blindly chase highs or bottom fish. It’s also not too late to make decisions after the conference ends and see how the market reacts. After all, such regular patterns can indeed be quite accurate at times, so one must remain cautious.
#BTC走势分析