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The market is currently breaking new lows. What should be done at this stage? $btc.
First, according to our call for short orders around 71888 for half a month, we have positioned ourselves mainly in short positions for the long term.
At present, whether it is the selling pressure from the German government or Mt. Gox, the interest rate cut or the US election, the market's uncertainty is too high. All analysis is just speculation, and technology is not very effective at this time.
There may still be new lows at the moment, and our target is around 48000. We won't consider entering from the left side until we reach this position, and we will only consider entering from the right side after there is a clear signal after the oscillation.