Matt_Loners

[Today's Market Analysis - BTC - 8.15]
For educational purposes only, not as investment opening suggestions. Profits and losses are at your own risk.
Plot: The BTC short sellers inherited from the market makers have returned. This morning's closing did not recover yesterday's drop. Therefore, the overall price tends to be bearish and consolidating. The turning point is that the market makers must gradually cover their shorts and the price needs to rise, not by too much. This is what stabilizes the market. Don't panic, it won't drop too deep. There's no rush to enter the market, but don't panic
View OriginalFor educational purposes only, not as investment opening suggestions. Profits and losses are at your own risk.
Plot: The BTC short sellers inherited from the market makers have returned. This morning's closing did not recover yesterday's drop. Therefore, the overall price tends to be bearish and consolidating. The turning point is that the market makers must gradually cover their shorts and the price needs to rise, not by too much. This is what stabilizes the market. Don't panic, it won't drop too deep. There's no rush to enter the market, but don't panic