âĄïļThe current market sentiment is very high, the technical and news are good, but the liquidation data I received is very surprising, there are long liquidation data and short liquidation data, there are profits in the trading market and there are blood, the trading market is very cruel, so risk management is very important.ðŊâïļ
ð§ Although we are also strongly bullish, we do not blindly go long BTC. Because BTC is currently in a short structure. According to Elliott Wave theory, we are currently moving in the fourth wave of BTC, whether it will move in the fifth wave as expected, we do not know, and we do not need to guess, we just need to watch and wait.ðâïļ
âĄïļIf we come to the buy zone on wave 5 as expected, this will be the best place to go long.
âĄïļIf we choose to break the short defense point upwards, then the short structure will be broken and we will have the opportunity to challenge the TP zone.
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