Daily Analysis of Cryptocurrency Circle (01.08)

Summary:

1. Make a final response to some questions, and no longer respond to these trivial things. Although I am free now, it does not mean that I am willing to focus my time and energy on these things. In addition, many questions have actually been responded to before, and I don’t want to repeat them. Thank you to the fans who have supported me all the way, whether they support me in the comment area chat room or send me messages to support me in private chats. I am very grateful. I am especially grateful to an old fan who sends me a long text to encourage me every time these things happen. Thank you very much.

2. The probability of US stocks opening high and going low or opening flat and going low is high, and the probability of opening directly low is low, because it has fallen too much yesterday, and many stock prices have a rebound demand. For example, Micro Strategy fell 10 points yesterday, and it is not realistic to open lower today. But US stocks should be viewed comprehensively based on the news situation.

3. The ADP data release value is likely to be greater than the predicted value, which is bearish.

4. Let’s talk about Trump briefly.

5. The central axis of the big cycle has diverged. Even if there is still a bull market, it is just a central axis leaving the pen.

6. Selection of altcoins.

Operation:

1. First of all, it is clear that since the support of 96,000 has been broken, 95,000 must not be the bottom. The market must go to a lower position to find support. The next support is near the previous low of 91,500.

2. Even if it is known that 95,000 is not the bottom, the short position of $BTC should be slightly modified. Because there are indeed more data this week, and there is a situation at present, that is, the main force likes to play with retail investors in this round of bull market, so there is a possibility of falling to 95,000, and then rebounding to 98,000, hunting stop loss and falling back. So how do we roll the position based on the existing short positions? For example, after the real body breaks 96000, you originally want to add 300 dollars to the position. Don't be in a hurry at this time. Add 60 dollars first, and the remaining 240 dollars are placed at 98000-99000. If there is no rebound and it continues to fall, and the real body breaks the support of 91500, similarly, add 60 dollars of short positions at 91000 first, and the remaining 240 dollars are placed at 93800.

3. Don't short at $ETH . $SOL can be arranged with a small position, but the current cost-effectiveness of short positions, SOL is not as good as pie.