Half-Wood Summer: Stop Longing, Market Still in Complex Consolidation

BlockBeats News, December 23rd. Chinese crypto analyst Ban Mu Noon posted at noon, stating, "Bitcoin has reached a point where it is no longer a good opportunity for long positions. The mid-term liquidity logic has also been weakened by the recent continuous ETF selling pressure.

This is not the best opportunity for long positions, but that doesn't mean there won't be an uptrend later, it just means that the risk is increasing. During the adjustment phase, if it is not a very high probability opportunity, there is no need to participate, continue to observe the market's complex consolidation."