Believing blindly in technical analysis might lead to unfavorable outcomes. Sometimes, a reversal happens in an instant.

$BTC Tuesday, there isn't much time left to recover from the low positions, today the US stock market closes three hours early, and tomorrow it is closed all day for Christmas. Christmas is essentially the Spring Festival that Americans should celebrate, and the downward trend has already moved ahead of time. Moreover, over the past two days, we can see that although BTC's decline has been stronger than its rise, ETH and various mainstream altcoins have performed quite well, not being dragged down by BTC, but rather their gains have exceeded their losses.

First, regarding yesterday's positions, my average price is around 93200, and my long position is still there (I have reduced my holdings, and some have exited). Early this morning, we mentioned that the strategy is to operate with a medium to long-term perspective. So why have I chosen this? Although the current performance of BTC is not strong, the support near the 90,000 mark is also not weak, as it has bounced back every time it has tested lower. Many people say it will break below 90,000, but I tell you that even if it breaks 90,000, it won't continue for long (besides, I don't expect it to break). However, I believe it won't reach the extreme of 88,000; as for those who talk about 70-80,000, you can simply block them. So do you think there is more space below or above? No one can guarantee to buy at the very bottom, and now is not the time for you to go all in at a low position, but good position management allows you to enter the market in batches. The entry reference points are 93100-92600 and lower at 91600, which are all good entry opportunities; whether to consider short-term or long-term depends on the individual.

Today, I didn't talk about market technical indicators; I only discussed my trading system because from the hourly chart, the current trend still shows a bullish signal. But I want to ask, are technical indicators always correct? The hourly technical indicators and candlestick patterns of various mainstream altcoins, including the second coin, still show a bullish trend, right? Additionally, when BTC begins to rise, most of the altcoins you favor can also be entered. Good hunters often lie in wait for the right moment to strike decisively.

Personal trading system; if you recognize it, you can refer to it. Friends who like it, please give a follow and a like. #加密市场反弹 #比特币战略储备