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📉 BTC rose for 10 days and pulled back all gains in just one morning!
💡 What does it explain? Market liquidity is already very poor.
It has always been the dog owners slowly controlling the market and inducing buy-ups, while ordinary people have no idea when they will be harvested.
⚡ My feelings:
When the market bulls are sufficient, the dog dealer's harvesting speed is very fast.
I shorted 3 times during this pullback.
1️⃣ The last two times it dropped, but both were stopped out at the original price.
3️⃣ The third short position successfully took profit.
🔑 Summary:
The market liquidity is poor, be especially cautious of being lured into buying.
A rebound does not equal safety; observing the strength of bulls and bears is crucial.
Control your stop-loss, and wait for opportunities slowly 💪
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