Today's overall strategy is to short on rallies. We previously advised: during the rebound near 89,000, establish short positions, and also clearly indicated that a short-term rebound would occur.
Near midday, Bitcoin reached a high of 88,983, just one step away from the target of 89,000, then retraced about 1,200 points. In the evening, the market experienced another rebound, but ultimately closed lower, with a drop of about 800 points. The entire trend is completely consistent with Silk Road's forecast.
All considerations, judgments, and arrangements regarding the market will ultimately be revealed through the market's continuous fluctuations, leading to the final conclusion.
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Summary for the 27th
Today's overall strategy is to short on rallies.
We previously advised: during the rebound near 89,000, establish short positions, and also clearly indicated that a short-term rebound would occur.
Near midday, Bitcoin reached a high of 88,983, just one step away from the target of 89,000, then retraced about 1,200 points.
In the evening, the market experienced another rebound, but ultimately closed lower, with a drop of about 800 points.
The entire trend is completely consistent with Silk Road's forecast.
All considerations, judgments, and arrangements regarding the market will ultimately be revealed through the market's continuous fluctuations, leading to the final conclusion.
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