$BTC $BNB Brothers should be most concerned about whether today's rebound is a real entry opportunity or another wave of inducement?
First of all, I hope everyone understands that a mature trader must always comprehensively determine the next operation strategy through logic, information, and data; rather than relying on feelings to say whether it will rise or fall;
The most asked question in my comment area is the PNUT coin, so let me talk about this coin!
The 4-hour line belongs to the form of two greens, one red, and one green. This form reflects the market's extreme bullish sentiment in a short period of time and the unsteady psychology caused by the fear of further decline! So for now, the 4-hour level has not completely stabilized
In this case, we need to combine the daily line to see it comprehensively. If the daily closing price can break through and stabilize, it can be called what I said to you: "survive the dangerous period"
Let's look back at the previous pattern; the lowest pin reached around 0.95, and then quickly recovered more than 1 $, indicating that the main force has no intention to continue to smash the market. The second bottoming out in the early morning of today did not break the previous low, which also confirmed the bottom range of PNUT. This is also the core logic of my asking everyone to enter the market in batches at 0.97-1.05!
In other words, tonight's market trend directly determines the market trend in the next week. Friends who followed me to build positions in the 0.97-1.05 range before should pay attention to the first resistance level. If the daily closing price can break through and stabilize, you can consider adding floating profits! Otherwise, just stop profit and wait for the next entry signal
There are too many copycats, and I can't analyze them one by one, but you can basically follow the above market logic. The difference in details varies from coin to coin. You can ask in the comment area! I still adhere to the principle of not holding or giving strategies, and please understand, brothers.
