Drinking can lead to mistakes, just like in judgment. I expected the volatility to increase by Monday, and this morning it briefly dropped below $116,000. Unfortunately, I was sleeping at that time, and I forgot to place a low-price order yesterday because I was drinking. I originally planned to place an order at $116,600, but I got too caught up in drinking and ended up drinking too much 😂.

The main logic is that the market hasn't shown any obvious negative news; it's just a retreat in FOMO sentiment. In this case, the probability of a brief rebound after a drop is still quite high. However, if the FOMO sentiment continues to retreat, it may test new bottom levels.

Previously, it was around $117,700, and now it is very likely around $116,500, which means my order might fall within this range, provided there are no obvious negative reasons.

This article is sponsored by #Bitget ｜ @Bitget_zh

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