Today, Bitcoin and our
$ETH both experienced a rebound. Short-term, it's mainly suitable for short positions!
If the price continues to fall, I will close my positions and open a grid, and I believe the bottom is about to be formed!
Let me explain the reason, taking
$BTC as an example.
After reaching a new high in October last year, it entered the first phase: a sharp decline!
The second phase was sideways consolidation, lasting until the end of January this year, with the average market price around 7.9.
Now entering the third phase, it is gradually approaching $60,000! Most likely, it will