I don't get the people who actually think this is a major trend reversal into the next bubble when huobi is still open and still leading. Like they didn't learn the first 8 times.
key word 'leading'
which way is it leading? UP
it's obvious it's reversal. we've had 100% confirmation and worse, but the chinese just don't care.
you would know it's a textbook reversal when there is bad news, the market spikes and then rallies. sellers are exhausted. you should expect a big rally, at least before the 14th.