It's been a long time since I talked about people, so let me briefly discuss it.

First of all, the current trend of people is in a 📉 cycle. For the past 9 days, the daily K-line has been consistently suppressed by 6155, which is a strong resistance level whenever people falls to a low. The strong support for people is around 4800.

There are two approaches to deal with people: buy near the 4800 support; if it effectively breaks and stabilizes above 6155, then chase the upward movement. If 6155 is broken, people will increase in a turbocharged manner 📈. In the short term, the main focus, along with the larger environment, is still on 0.563 as the key high. If it stabilizes above 0.563, then we exit.

Note that breaking above 6155 does not signify the end of the overall 📉 trend; the 📉 cycle can only be declared over when the white trend line is broken. Based on time cycles, the strong resistance above in the 📉 trend is estimated to be between 7550-7750!

For valuable insights in the crypto world, click on my profile to follow me for information on potential hundred-fold coins in the bull market, as well as daily spot trading strategies!