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The Short-Selling Feast Isn't Over Yet, Don't Be the Daredevil Bottom-Fisher Team
This morning at 7 o'clock, my alarm didn't go off; I was awakened by the margin call alert sound.
I groggily reached for my phone and saw the explosion: "White Sister, I'm fully leveraged and bottom-fishing now. What should I do?" "I've been holding for three days, I just can't take it anymore."
Ladies, this is already the 17th ⚽ message today. While sipping black coffee, I was thinking: why is it that every time there's a big bearish candle, so many people rush headlong into the fire?
Market analysis: The bears are not holding back at all
First, look at the daily chart. The recent consecutive bearish candles resemble a steep slide. The two long bearish candles from a couple of days ago directly broke the backbone of the bulls.
Yesterday, I repeatedly warned: "Don't touch! Don't touch! Don't touch!"
And what happened? Some still think, "I can catch the bottom."
👀4-hour chart, every rebound is weak like a cat scratching, just when it lifts its head, the bears slap it back to its original shape.
MACD is lying below the zero line. Although the green bars are shrinking, that's just the bears changing magazines, not surrendering.
Let me tell you, the current market is like a boxer being rubbed on the ground—it's not time to get up yet!
BTC( Bitcoin):
Trap zone: 78200-78600( The bears' appetizer, entering in batches, adding to positions every 500 points drop)
Hunting target: 77000-76000, if touched, then rush to 75000
Remember, what we want is steady happiness.
ETH (Ethereum):
Trap zone: 2300-2330, I see this wave as more bearish
Hunting target: directly aiming for 2230-2160
Don't talk to me about "support levels." In a bearish trend, support levels are meant to be broken. Now is not the time to see who has the bigger guts; it's who can survive longer.
Don't mistake luck for skill, don't confuse luck with strength. $ETH