Friday + Dragon Raises Its Head in February: Rally Is an Opportunity to Short
Dragon raises its head, and the market is also "raising," but don't be fooled by appearances.
Last night BTC was still at 68750, and this morning it bounced back above 70000. This kind of back-and-forth pulling is normal, no need to panic.
The strategy is simple: continue shorting on rallies.
This round of rally has basically confirmed that 76000 is the phase-wise top.
Against the backdrop of the Fed not cutting rates, bears are dumping volume. We're currently just entering a shock phase.
The following market won't b
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