After browsing Twitter, there are a lot of "Azus" out there.
When the market is unclear, sentiment becomes a very important reference indicator, and right now everyone is extremely panicked.
$BTC keeps making fake moves every day, but the price isn’t clearly dropping, which has led to quite a few people closing longs and turning short.
At least before there’s a big red candle smashing through the consolidation area (wicks don’t count), I’m still inclined to think there will be another rally. It’s definitely tough to open new positions now without a cost advantage 😉 #BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
After browsing Twitter, there are a lot of "Azus" out there.
When the market is unclear, sentiment becomes a very important reference indicator, and right now everyone is extremely panicked.
$BTC keeps making fake moves every day, but the price isn’t clearly dropping, which has led to quite a few people closing longs and turning short.
At least before there’s a big red candle smashing through the consolidation area (wicks don’t count), I’m still inclined to think there will be another rally. It’s definitely tough to open new positions now without a cost advantage 😉
#BTC