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Whales are buying #GMT 🐳 ❇️
Last price: 0.1293 (-8.646%)
s in last 7 days: 10
24h Volume: 28.91M USDT
Score: 8/10 | Risk: 3/10 $GMT #BTC
Originally, it was expected that BTC would follow a BCH-like falling structure, with wave C ending around 60,000 after wave A reached around 60,000. However, the actual situation is that the first wave A has already reached around 60,000, with a speed and amplitude much faster than expected.
Yesterday, I considered taking a short position from 66,450 to 62,000, but now it seems that there is no opportunity. Wave A has fallen all the way from 66,450 to around 60,000. If wave C completes, the amplitude will be much larger than expected. Therefore, it is not suitable to take any position at this moment, and we can only wait and observe.