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Drop, when approaching 65,000, many confidently said they would look at 50,000, then 40,000;
Rise, when approaching 70,000, you confidently said you were aiming for 80,000, then 90,000;
On Friday it dropped, on Monday it rose, with 1,600 different directions in a single day. I really don’t know how you manage that?
The Friday non-farm decline was entirely due to risk aversion, after all, the significant bullish data was completely suppressed, and today’s rebound is the best evidence.
Regarding recent market movements, Sister Ying has always emphasized: any pullback is an opportunity for you to go long and get on board, even after two rounds of breaking through the 7.2K level and then pulling back under pressure. Unless there is a sudden plunge below 65,000, then you can promptly change your mindset.
After all, the Middle East situation in March caused risk aversion, but the market has not experienced a direct 5,000-point drop, instead it declined gradually, demonstrating Bitcoin’s resilience.
Today’s rebound is destined to end with a bullish candle. Currently, Bitcoin has retraced from 69,400 to around 68,300. If you didn’t get into a short position on time, inertia suggests it will test the 70,000 level again. So, if you missed the short opportunity, we can still look for chances to buy low and go higher.
In the early hours, you can buy around 67,000-67,500, aiming for near 70,000, with a synchronized stance. $BTC