I bought a little at 85100, but to be honest, the feel still hasn't come back, so I'm hesitant to increase the position.
A few things are laid out: It's only a matter of time before Japan raises interest rates, if Venezuela's oil really takes off, inflation will become a problem, and India's recent crackdown policy, although it’s old news, also needs to be considered. From a long-term perspective, Bitcoin has indeed entered a bear market.
Want to make a short-term rebound? It's a bit awkward. There isn't any decent support level below, and while news is certainly important, what matters more is how the market reacts to that news.
Today, these news items give me the feeling of being chicken ribs. If it were in a bull market, no one would pay attention to these at all; but now, with liquidity so poor, everyone is looking for a placebo after the big drop. When this news comes out, it's like the officials are announcing to you: Brother, I'm currently empty.
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SchrodingersPaper
· 12-02 17:36
The feeling of a handshake is gone, this is real lethality, scarier than any policy.
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NotSatoshi
· 12-02 04:49
The feel is indeed a bit unreal, I'm also in a wait-and-see state, and I need to wait for clearer signals to increase the position.
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AlphaBrain
· 12-01 18:50
The feeling aspect is absolutely right, I feel the same... now increasing the position feels like gambling.
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MetaReckt
· 12-01 18:49
I completely understand that you haven't found the right feel. There are indeed quite a few who got out of positions at 8.5, and this market is indeed weak.
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BlockchainNewbie
· 12-01 18:37
I understand that the feel hasn't come back, and the position at 85100 is indeed awkward... Japan's interest rate hike, Venezuela's oil, and India's policies are all hitting at once, and thinking about a Rebound with such poor Liquidity is simply wishful thinking. Now that the news is out, it's almost like the official has given up. Instead of messing around blindly, it's better to observe and be prudent.
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AirdropLicker
· 12-01 18:35
Don't force it if you haven't regained your feel; this wave is just a feint, and the news is all just a placebo...
I bought a little at 85100, but to be honest, the feel still hasn't come back, so I'm hesitant to increase the position.
A few things are laid out: It's only a matter of time before Japan raises interest rates, if Venezuela's oil really takes off, inflation will become a problem, and India's recent crackdown policy, although it’s old news, also needs to be considered. From a long-term perspective, Bitcoin has indeed entered a bear market.
Want to make a short-term rebound? It's a bit awkward. There isn't any decent support level below, and while news is certainly important, what matters more is how the market reacts to that news.
Today, these news items give me the feeling of being chicken ribs. If it were in a bull market, no one would pay attention to these at all; but now, with liquidity so poor, everyone is looking for a placebo after the big drop. When this news comes out, it's like the officials are announcing to you: Brother, I'm currently empty.
Keep the position light and mainly observe.