Not knowing how to burn incense offends the gods, and not knowing how to trade offends money. Go out with a goal and come back with results; making money is not about speed, but about having a method. The market has no right or wrong, because whether right or wrong, you cannot change it. There is no investment that does not make money, only unsuccessful operations. Whether you profit depends on the timing of buying up or down. Therefore, how to determine the bottom or the high point, while minimizing risk, is the key. Entering the market relies on technical analysis, and after entering, it depends on position management and a bold yet meticulous mindset, while the emergence, maintenance, and expansion of profits rely on moving stop-loss and take-profit.

Bitcoin surged again, directly pushing up to the 88850 mark in the early session, fortunately not breaking through further, then began to face pressure and retrace. We looked bullish in the first wave and fortunately exited at a profit.

On the daily chart, the auxiliary indicators show that the price is currently oscillating in the 89000-83300 range. If it breaks and stabilizes above during the day, the price may return above 90,000 again. Conversely, if it continues to oscillate downward, the high point of this morning is a battleground for bulls and bears today. If there is resistance in the rebound, I suggest looking for a short position first to see if it breaks through or faces pressure. Therefore, short near 88600-89000, and bearish near 86300.

Follow the public account, what can relieve worries, only Jiang Wei.

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