Talking about currency pioneers: Bitcoin has been rising for many days in a row, and a pullback is expected during the day!

Bitcoin had another positive trend yesterday, and the market continued its upward trend. It stretched to a high of 38255 in the morning and then began to correct. The bulls were very strong in the morning. I repeatedly emphasized yesterday that there will always be a short below 38538. As long as the position is not broken, no matter how strong the bulls are, I am still optimistic about the bears!

From a technical perspective, the stretch has not been accompanied by a decline. The bulls are moving upward continuously. The trend is basically occupied by bulls. The moving average is also thriving and diverging upward as a whole. The overall market is in a bullish trend no matter how you look at it.

But I always have a feeling that the market will be crashed at any time, and after it rose to 38538 last time, it pulled back for a while. Although this time it is a slow rise, but the feeling is not much different. There is still a feeling of dark clouds pressing down. Maybe this is the feeling of the market over the years, which may not be correct, but the feeling is still there. Next, I will focus on the 38538 point. You can go short below this level!

Tanbi Pioneer suggests: Go short directly at the current price of 38270, target 37000, and defend at 38500.