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So disgusting. This can actually rise.
The Bitcoin weekly line has closed. It is already weak.
The Ethereum weekly chart is also showing some weakness.
In terms of form, the 2-day and 3-day lines of Bitcoin are diverging. Ethereum is also weak on the 2-day and 3-day lines.
However, it was driven by the 5-day moving average over the weekend. It moved up a bit.
The village chief's short position is relatively dangerous.
Summary! Although the village chief's short position is quite risky now, he is still bearish. It is expected that the village chief will be used as fuel. I want to stop loss and roll down. If stopped out, the village chief will still look for opportunities to short again. From the 2-day and 3-day lines here, it still can't go up much. Can't go up much.
Shenzhen Chen Village Committee Party Branch
#Bitcoin