Attention to those who like to short.
Many people believe that this pullback will go to 80k or 76k, but I don’t think it will adjust that low, at least not currently. At most, I expect it to stop at 88k to 87k. This is because the daily line is still far from the zero axis, and it cannot be determined whether it will upgrade to an adjustment. At the very least, it will not easily and effectively break below 90k.
If the indicators below 4 hours repair and strengthen, it will strangle the potential adjustments of the larger indicators above the daily line in the cradle. From tonight to tomorrow, if the 8 and 12-hour MACD returns to zero, it will easily change the trend upwards. Therefore, the current focus remains on buying on dips. If the average price is too high, short it, and once the pullback stabilizes, look for opportunities to push upwards.
Buying on dips will be the main focus for a long time in the future. In 90% of the time, there are actually opportunities to go long and short every day, with opportunities varying in size. When the buying is weak and the selling is strong, focus on shorting with a little long; when the buying is strong and the selling is weak, focus on going long with a little short.
