Though late, it has arrived. The price first fell below 80,000, then 79,000, and 78,000, creating a new low of 77,601 in this afternoon. The Bitcoin 4-hour Bollinger Bands lower band broke as expected, expanding downward. Last night, after the US stock market opened, it broke below the 80,000 support level, which is also the initial point where the momentum of the correction continued to be released. The recent strength of the correction tells me not to guess where its bottom is. #特朗普访华

Since last night, there have been signals to short. Last night, there were two alerts to short at 79,400. Today, Saturday, the market violently retested as expected, and all short positions are profitably closed. This morning, it broke down and continued in the afternoon; tonight, it’s likely to remain short. In a trending market, don’t overthink it—short at any point now. Tonight, Bitcoin is expected to break below key levels again, with the target around 76,500. #Gate广场五月交易分享