As we are about to enter a new quarter and a new month

Today also marks the beginning of a new week

It seems that this week, the market will be quite exciting…

From my observation

BTC is entering a one-sided downtrend on a 4-hour level

From the previous unclear bullish and bearish sentiment to gradually becoming clearer but somewhat confusing

From some doubts about the decline to slowly becoming clear

From the current clarity gradually transitioning to a clearly defined one-sided acceleration

Right now, the feeling the market gives me is that most people think Bitcoin will drop

Only a few long-term investors firmly believe in continuing to buy

No one is wrong, everyone is right; just buy in batches

But from the perspective of a swing trader like me

It is currently confirming a downtrend, and soon we should prepare for a round of panic selling

This is the kind of market I can navigate

As the price approaches the established mid-term support zone

The subsequent bottoming rebound will be more chaotic and complex

It’s not the time to make that money

So, I was bearish and shorting at the beginning of April, and from mid-April to the end of the month, I stopped being bearish and began to rest 🈳.

Now, at this moment, I am participating in shorting = =.

Wishing everyone good luck 🍀

BTC

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