Bitcoin continues to strengthen, repeatedly hitting large bullish candles. However, given this momentum, it's wise to be cautious—such rapid surges can quickly reverse and trigger a wave of liquidations. This kind of situation has been seen many times in history; the faster the rise, the sharper the fall. Friends looking to buy the dip should keep their positions in check and avoid being caught off guard by sudden pullbacks.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
IfIWereOnChain
· 01-15 17:17
Bottom fishing, bottom fishing, be careful not to buy at the top of the mountain.
View OriginalReply0
NewPumpamentals
· 01-14 18:51
It's a bit nerve-wracking to reach this level; it feels like there might be a pullback at any moment.
View OriginalReply0
OptionWhisperer
· 01-14 18:48
The surge is so fierce that I'm actually more nervous, I feel like it's preparing for something.
View OriginalReply0
BanklessAtHeart
· 01-14 18:33
It's rising so rapidly that I'm actually more nervous now, feeling like something's going to happen.
Bitcoin continues to strengthen, repeatedly hitting large bullish candles. However, given this momentum, it's wise to be cautious—such rapid surges can quickly reverse and trigger a wave of liquidations. This kind of situation has been seen many times in history; the faster the rise, the sharper the fall. Friends looking to buy the dip should keep their positions in check and avoid being caught off guard by sudden pullbacks.