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Does this count as a post-hoc analysis?
Let the bullets fly for a while, time will prove the truth!
The trend is clearly bullish, no doubt. However, the strong resistance level at 9450, which has been tested multiple times, has not been broken and stabilized. A deep retracement is still likely to occur. Chasing the rally halfway through will definitely make you uncomfortable. The rebound space is limited, and the risk is extremely high. The expected retracement to 9120 occurred overnight. Isn't the 3000-point space above 9400 attractive for shorting? For those who like to go long, both support levels during the two retracements showed some room for a rebound. Isn't it fair to say both longs and shorts are profitable?
The current market is still within a consolidation range. Until the structure is broken, not chasing the rally or panicking during dips is the best risk management principle.
Wishing everyone to master the rhythm and see their accounts flourish! $BTC #比特币六连涨