$WBTC
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Social Momentum Summary
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BTC Good afternoon, everyone! The price of Bitcoin is currently trending downwards, and our prediction was accurate as predicted! This morning, I was planning to wait for a further drop before going long, but the market didn't give us a chance to retrace! After the surge, the need for a pullback was strong, so we decisively opened a short position at 66200, and secured 850 points at 65350! Now we're just waiting for a pullback to go long! On the 1-hour chart, the Bollinger Bands are slightly trending downwards, but the gap between the upper and lower bands continues to widen, confirming that market momentum has not yet been fully exhausted, and short-term volatility is converging. It's worth noting that the price decline was accompanied by a small net inflow of funds, indicating that market divergence is intensifying, bearish forces are gradually weakening, and bulls have tentatively launched a counterattack. Currently, the market is in the short-term oversold zone within a downtrend, and the price touched the lower Bollinger Band and formed a long lower shadow, releasing a short-term stabilization and rebound signal.