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Don't fight the cycle. Yesterday it was 76,400, and today it broke 70,000. I didn't expect that either 😂. It reached the previous high of 69,000, but I didn't expect there to be so little trading volume at this level, even less than on November 21st. Binance must be buying $100 million every day at this level.
If it holds, it might rebound, but it will only be a weak rebound, suppressed by the weekly MA120. If it doesn't break through, it will continue to bury investors.
链研社
@NB
02-04
不要和周期做对是我从上轮学到最重要的道理，没有超级周期，不要迷信大佬，每轮都有几个大佬被献祭。
这几天复盘了一下，现在的熊市基本按照上轮熊市一样的走法。
上轮周期（2022年5月）： 3 万美金在当时被视为超级周期的铁底，因为它是 2021 年 519 惨案后的起跳点，也是当时周线 120
As expected, Binance bought another 3,600 BTC, worth $233 million, at an average price of $64,881.
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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