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The US market dropped before the open, then rose sharply after the close!
The V-shaped trend clearly indicates a washout of the retail investors. Logically speaking, the current trend is dominated by bears, and without any policy news to support it, the market will not reverse. Today's long positions are purely to capture minor rebounds, and I specifically emphasize not to alter the overall pattern!
The midday long position targets for Bitcoin at 9590 and Ethereum at 3228 have been precisely reached, and as they hit the target resistance levels, they started to pull back. The short-term profits are still relatively considerable!
Chasing gains is greed, cutting losses is fear, and taking profits is rational planning!
Set a reasonable goal for yourself, open a position when the time is right, retreat promptly if the situation is not favorable, and protect your principal—there is hope! #BTC