BTC has officially entered the sideways zone since today

Everyone knows that trading should follow the trend, but what is the trend? What is the change signal? I am afraid that not many people really understand it!

For those who hold spot or low-multiple contracts in the medium and long term, I think it is enough to draw such a simple line;

For those who play short-term high-multiple contracts and trade frequently, they need to be able to make more detailed and more meticulous trend charts

This is why I don’t recommend novice players to play high-multiple contracts frequently. Trading ≠ gambling! Don’t do it based on your feelings

Some people may say: I don’t need to draw any lines, and I often make money; then I can only say that you always make money from luck. When your luck is not so good, you will find that either the buy order is always a little short, or the sell order cannot be sold, either it is hung too low or sold too high, or the margin is not known to what point, and it always feels that the dealer can accurately blow up the warehouse ☺☺. In the final analysis: it is still because you are not in the mentality of trading, but gambling on luck!

When Bitcoin fell to 85,000 a few days ago, a large number of people were bearish, and there were all kinds of articles about a sharp drop in the market. Then it pulled up to around 91,800, and a bunch of people were bullish, saying that it would break 100,000 or 150,000. What I want to say is: you don’t need to bear legal responsibility for bragging, you can brag nonsense, but as a retail investor, a novice, you must have your own cognition and understanding, otherwise you will lose everything!

Sideways trading is not simply understood as a sideways market. This signal needs to be formed in combination with the trend channel comparison. No matter how much it fell or how much it rose in the past few days, it was actually within the range. This is also the logic of long-term bullishness. However, starting from this morning, it is considered to have truly ushered in a sideways signal. As for whether it will go up or down later, it is really worth paying attention to.

The 84895-93572 range has a floating space of 8677 points

As long as it is still within the range, we only need to operate in the way of selling high and buying low. Don't say that it will explode or plummet when it comes or not. It's really naive. 😒#市场回调，观望还是上车？ #美国CPI公布后降息预期上升 #交易所BTC储备量创2018年以来新低