Bitcoin's shocking plunge, will it rebound next or test the bottom again?
2.3 big pie evening thoughts
The Bitcoin market in the past few days has been, to put it bluntly, a "roller coaster," and it has been heading straight for the bottom.
From the previous high of nearly $100,000, it plummeted to a low of $74,555, leaving many people baffled. Although the price has now returned to $78,213, what everyone is most concerned about is: has this wave of decline reached its end? Is it possible to buy at the bottom now?
The current situation is that the rebound from the low of $74,555 can only be regarded as "a recovery after an oversold situation." You can think of it as someone who ran too fast and fell, now just getting back up, without the strength to rush forward immediately.
But my personal view is that in the short term, it will oscillate between $75,000 and $82,000, as the market needs time to digest the emotions from this sharp decline.
Operation suggestions
Go long around $75,000 with the first target at about $79,000, and take half of the profit when the target is reached for safety. If the price falls below $74,500, immediately stop loss and exit to observe, to avoid being trapped #BTC走势分析 $BTC #贵金属巨震
