Is the recent trend of Bitcoin (大饼) inconsistent with Brother浪哥's wave prediction chart from the 22nd? So, can we continue to short now? The current downtrend has lasted for 5 months. Ethereum and Bitcoin are basically complete in their formations. I expect a consolidation and bottoming structure to form now. After the consolidation, the market is likely to initiate a weekly rebound. The downside space is not too large, so it's not advisable to excessively short. However, in the short term, I expect one more decline. Once the daily-level consolidation is complete, spot trading can be arranged. Short-term turning point: 83,000.
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Is the recent trend of Bitcoin (大饼) inconsistent with Brother浪哥's wave prediction chart from the 22nd? So, can we continue to short now? The current downtrend has lasted for 5 months. Ethereum and Bitcoin are basically complete in their formations. I expect a consolidation and bottoming structure to form now. After the consolidation, the market is likely to initiate a weekly rebound. The downside space is not too large, so it's not advisable to excessively short. However, in the short term, I expect one more decline. Once the daily-level consolidation is complete, spot trading can be arranged. Short-term turning point: 83,000.