Yesterday's rise and pullback of BTC was just a weekend scam by a few market makers. They entered with over 900k, but fled with over 2000k in just a few minutes. The resistance only increased by 450 points compared to 59800, but the pullback was about 1000 points. The higher it goes, the more pressure there is. This shows that short-term short selling still provides higher returns than long-term buying. Today's short-term long positions should be taken from the lows in the range of 59300-58888, and there will be another upward movement tomorrow and the day after. Taking profit around 61000 will be sufficient.
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Yesterday's rise and pullback of BTC was just a weekend scam by a few market makers. They entered with over 900k, but fled with over 2000k in just a few minutes. The resistance only increased by 450 points compared to 59800, but the pullback was about 1000 points. The higher it goes, the more pressure there is. This shows that short-term short selling still provides higher returns than long-term buying. Today's short-term long positions should be taken from the lows in the range of 59300-58888, and there will be another upward movement tomorrow and the day after. Taking profit around 61000 will be sufficient.