煌道 | 交易之道|11月 05, 2025 02:33
11.5 Time for greed
1. Yesterday, the crypto market followed the U.S. stock market with a heavy drop. Both BTC/ETH broke below the massive liquidation low of 1011, causing extreme panic in the market.
2. Yesterday's heavy volume breakdown allowed the main players to absorb enough liquidity. The short-term bearish trend is likely to be broken, which could support BTC returning to the 108000 range. So this morning, I went long on BTC and ETH, but whether this is a rebound or a reversal is still uncertain and requires further observation.
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