From the needle of 0.172 last night, the downward trend has actually become clear. Many people are still expecting a continued rally, but think carefully— the purpose of pushing prices higher is often just to facilitate distribution. The market manipulation pattern of the big players is like this; the price that rises usually ends up returning to that level.
Instead of obsessing over the K-line every day, it's better to clarify your thinking first. As long as the trend hasn't reversed, continuing to hold a short position and waiting would be a smarter choice. If there are new signals in the market, remember to remind yourself in time.
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.
#数字资产市场动态 $ZBT How do you view this wave of market行情?
From the needle of 0.172 last night, the downward trend has actually become clear. Many people are still expecting a continued rally, but think carefully— the purpose of pushing prices higher is often just to facilitate distribution. The market manipulation pattern of the big players is like this; the price that rises usually ends up returning to that level.
Instead of obsessing over the K-line every day, it's better to clarify your thinking first. As long as the trend hasn't reversed, continuing to hold a short position and waiting would be a smarter choice. If there are new signals in the market, remember to remind yourself in time.