1. Anticipating a major drop in US stocks, originally expected on Thursday but ultimately happened on Friday. However, the decline in BTC and altcoins was not as terrifying, at least 2/3 of that scenario did not occur. 2. That shows that there is still a strong buying interest here. There is some concern that funds from the US stock market will also choose digital currency for hedging. 3. If the idea is justified, we need to see if next week will recover the decline of last night. If it recovers over the weekend, it means the bulls are very strong. 4. So going long can establish a range, with the previous low of 93000 as the stop-loss for short positions, and the position at the previous high of 98000 last night as the stop-loss for short positions. Currently, it has returned to the oscillation range. 5, pay more attention, don't get lost! over!
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【2/22 13:03 BTC view update】
1. Anticipating a major drop in US stocks, originally expected on Thursday but ultimately happened on Friday. However, the decline in BTC and altcoins was not as terrifying, at least 2/3 of that scenario did not occur.
2. That shows that there is still a strong buying interest here. There is some concern that funds from the US stock market will also choose digital currency for hedging.
3. If the idea is justified, we need to see if next week will recover the decline of last night. If it recovers over the weekend, it means the bulls are very strong.
4. So going long can establish a range, with the previous low of 93000 as the stop-loss for short positions, and the position at the previous high of 98000 last night as the stop-loss for short positions. Currently, it has returned to the oscillation range.
5, pay more attention, don't get lost! over!