A rebound is not a reversal; do not chase the rise. Wait quietly for a significant pullback after the surge!

CN
11 hours ago

Good morning, yesterday we provided a short position around 88000 and 2980, and you can continue to hold the short position patiently; our bearish view remains unchanged. If you think it can't drop any further, then you can exit now at break-even. If you believe it will rise to 100,000, then hurry to buy the dip and go long. When our views differ, yours is the correct one! Cutting off someone's financial path is like slaughtering their parents, so Zhong Liang never dares to delay your wealth. Zhong Liang only shares his personal views in the square every day, that's all. If I am also bearish and you happen to be bearish too, and then the market drops, it must be that Zhong Liang benefited from you; you brought the market down!

Yesterday in the strategy channel, we also provided low long positions, first taking profits on the low long, and then moving to high shorts, but currently, the high shorts are in a losing position. The market moved slower on Saturday, requiring more time and patience! After the two long upper shadow bearish candles for Bitcoin, yesterday closed with a long upper shadow bullish candle. Historically, when the little devils raise interest rates, there is usually a sharp drop, but yesterday was contrary to the norm, so history can only serve as a reference; there are no absolutes, and we cannot seek the sword by carving the boat! Although the KDJ three lines are converging to form a golden cross upwards, the price has not gone up. The indicators have an upward demand, but the price is not rising. The MACD has been shrinking, and the volume is starting to dry up; the indicators cannot pull the price, and with no volume, isn't this a typical trap for bulls? Recently, the market has been repeatedly washing positions; do not chase the rise at high levels, and do not chase the short at low levels, or you will easily get hit back and forth!

On the hourly chart, Bitcoin has not broken the highs of 89500 and 90300. It is too presumptuous to fantasize that the market will soar. If this rebound stabilizes above the 90000 mark and breaks through 91000, then short positions should stop loss, and the next strong resistance to watch is around 94000. If there is a second breakthrough of resistance here, then the final short position will be around 102000, which is the last stronghold for bears. The market is always about watching while moving, not just looking at 100,000 after a rebound or 80,000 after a pullback; otherwise, it will be chasing highs and cutting lows, getting hit back and forth!

If you don't like it, then change it. If you can't change it, then adapt to it. Learn to endure pain; some words are better left unsaid; learn to choose to forget; some wounds are better buried in memory. When all hardships become experiences, you can challenge any storm. Every pearl was originally a grain of sand, but not every grain of sand can become a pearl. If you want to stand out, you need the capital to do so. If you cannot endure setbacks and blows, and cannot withstand neglect and mediocrity, it will be difficult to achieve brilliance.

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