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Why go short? During my live stream last night, the first thing I said was that I had two short positions, one $ETH and one $SOL without $BTC . The reason is that $BTC was showing some strength at the time, so I didn't dare to short. Why am I willing to short now?
Before the US stock market opened, it surged upward but didn't break through, and the 15-minute candle closed with a long wick, so I dared to short, betting on a decline after the US stocks opened. Many people are still immersed in bullish fantasies, buying aggressively at 72k. The ones trapped are those who don't understand the market, and if you still don't understand market trends, you're welcome to join my group. Recently, my trades have been very smooth! I have already closed all my short positions.
In my previous tweet, I mentioned that $BTC would retrace to around 70.5k, and it reached that level this morning. Now, it depends on whether the 70k-70.5k support can hold! If it holds, I believe the next bullish attack will target around 74k.