The sell the news that people had been worried about did not appear, and many people, even those around Thirteen, could not be persuaded and opened short positions.

Now you can only stop loss and exit.

The current market situation is basically in a disordered state. The possibility of sharp rises and falls is very high, and the possibility of you guessing the wrong direction is even higher.

The best way is to wait until the market stabilizes.

Shisan once told everyone about the Flying Knife Theory in an article. It also applies here. The market is floating in the air, and the slightest disturbance can cause the market to change direction.

As a rational investor, the best option at this time is to wait for the flying knife to fall to the ground and remain motionless before slowly picking it up.

Although we may miss the so-called money-making opportunities, we will be safer and we can reap the cyclical profits in the cryptocurrency world.

Shisan has been in the cryptocurrency circle for so many years, and there are many so-called masters around him who are devoted to studying contracts. Their technical analysis has reached perfection. As long as he wants, he can fill the K-line chart by putting in a dozen technical indicators.

In the end, I was confused too.

Shisan sometimes likes to study these, but mainly uses a few simple indicators for analysis, such as KDJ, MACD, volume, Fibonacci, moving average, etc. These indicators are simple, and can better reflect the current trading status of the market, which is closer to reality.

These are enough in the short term, and the role of technical analysis of long-term market trends is much smaller.

2，

Bitcoin has now entered a no-man’s land.

It is not recommended that you chase high prices at this point. The lesson Thirteen learned with real money and blood is that chasing high prices will lead to death.

Of course, it may be that Thirteen is unlucky, and there are also people who get rich by chasing high prices, but the probability is too low.

We have already bought enough positions at low prices. Friends in Circle Thirteen have at least 70% of the spot positions, which is enough for us to make profits.

Don’t think that I can go all in, add some leverage, and get rich overnight.

These will only lead to destruction. Isn't Liang Xi awesome? He has always been engaged in high-risk investments, and made tens of millions of yuan at the highest. Now he is doing all kinds of evil things on the Internet and is in debt.

Everyone around him is a bad guy, he is the only good guy. There are no good people in the currency circle, everything is based on interests, for example, Thirteen, if you can't make money by doing self-media, why do I insist on typing original articles every day? The pressure of daily updates is actually very high.

Although Liang Xi has exposed many dark sides of the cryptocurrency world, Liang Xi’s investment style is completely wrong.

Real bigwigs such as Li Xiaolai, Xue Manzi, Bao Erye, etc., have all gained huge wealth by holding Bitcoin for a long time.

When you are making high-risk investments, you must ask yourself a question: How does my IQ compare to Li Xiaolai? How does it compare to Bao Erye? If not, then just follow Thirteen's method.

​The effect will be slow and take a long time, but you will definitely not lose money.

In a word: learn to get rich slowly.

Getting rich suddenly means dying suddenly.

3，

Trump's positive news directly stimulated the cryptocurrency market, which rose by 10 points in one day, which is equivalent to the increase in the whole year.

Even better news was that the Republicans gained control of the Senate, and 247 crypto-friendly candidates won seats in the House of Representatives.

Trump has said before that the first thing he would do after taking office would be to fire Gan Gan. It is estimated that Gan Gan only has about two months left to live.

Moreover, for a resignation of Gan Gan's level, he must undergo economic and job reviews, and by then it is estimated that a lot of negative information will be exposed.

After all, many of the SEC's practices do not have any legal basis.

If Trump fulfills his promise, then Gan Gan's successor will definitely be a cryptocurrency-friendly successor, and the market is generally optimistic about the crypto dad.

If all the above positive factors are realized one by one, the crypto market will directly enter a bull market.

Smart investors have been constantly transferring Bitcoin from exchanges to personal wallets, and exchanges are losing 20,000 Bitcoins per day.

It means that everyone is optimistic about the future market. Thirteen said that everyone can't find the direction of investment and can't see the future. Just look at BlackRock and Fidelity and other top institutions to see what they are doing and how they operate. You can't be wrong. The logical relationship has been explained very clearly in previous articles. Friends who don't know can turn left when they go out.

Shisan has been recharging everyone's faith since March, and now he no longer has to brag because dreams have come true.

People in the cryptocurrency circle must stay and welcome the wealth feast of this bull market.

4，

How will the short-term market trend develop?

MACD has already shown a top divergence, which means that the market needs to correct. This is also the reason why Thirteen does not allow everyone to enter the market at high prices. Don’t stand guard at high levels.

As long as the 74,000 level is not broken, the selling pressure will gradually decrease. Coupled with the positive stimulus of the interest rate cut, although there will be a divergence, it will most likely happen in a few days.

Ethereum also surged today, and Thirteen can be said to have gotten rid of his anger.

When Thirteen said that Ethereum was a value currency, he was criticized to death. Now he can finally speak out.

However, Ethereum has fallen to a new low against Bitcoin, directly breaking 0.35, indicating that Ethereum is still very weak.

Whether he can regain his status in the industry depends on Vitalik Buterin.

There is no need to increase your holdings of this coin, just hold on to your existing holdings.

In the short term, there is a vacuum above Ethereum from 2700 to 2890, with almost no pressure. It will be considered a preliminary breakthrough only if it reaches 3000.

If the Ethereum bull market is to begin, the target of 3500 must be reached.