Jiang Zhuoer: Bitcoin's 'bulldozer-style' rally, not advisable to try catching the top, wait for a pullback and trade on the right side.

BlockBeats news, September 21: Jiang Zhuoer, founder of LEBIT Mining Pool, posted that when Bitcoin rose to $84,000 at 5 PM today, the technical pattern did not resemble a peak for this cycle, and the price subsequently climbed to nearly $86,000. There is currently an obvious order book vacuum in the $85,000 to $88,000 range, and the $82,000 to $85,000 range is similarly lacking in orders. At present, whether going long or short, trading risk is relatively high.

In the current "bulldozer-style" rally, unless the price consolidates at a high level for a period and then suddenly sees a 1-minute-level rapid spike, it is not advisable to attempt to call a top, as the success rate is relatively low. Rather than striving to sell at the absolute high, it is better to appropriately give up some profit and wait for the price to pull back before conducting right-side trading.