Not to open a position at the current position

١٩ يوليو ٢٠٢٢

In the past two days, BTC has been testing the high position after the sharp decline. I think the upward momentum in the short term is still quite strong, so the price has a chance to break through 22914. I want to remind you that traders should take false breakthroughs into consideration. The safest way is not to open a position at the current position, the risk of chasing high is too high, and shorting the current position is easy to liquidate the position. Therefore, I will not open a position at this position.