There are two key pieces of information in Figure 1:
①The trading volume in the weeks before and after 15,000 was very large, and it was a very obvious bottom signal, which can be considered as a clear bear-bull transition point. In other words, the bear had already turned bull at the beginning of last year, and the average price was around 20,000.
② The current position is a fanatical overbought zone, and a technical correction is bound to come. My current primary point is the 34000-36000 range, which is the point where you can enter the market. Secondly, depending on the market situation, we will see if there is a chance to reach 20,000. If we want to reach 20,000, it basically requires the cooperation of black swans to smash the market, and it will rise very quickly after a rapid decline. If you want to take advantage of this point, you need to place an order in advance.
Figures 2 and 3 show my predictions after May 19, 2021, and my predictions after 31,800 in 23 years.
Summarize:
① The next callback requires an entry plan in advance. I personally plan to enter 30% of the position at around 35,000 in advance, place 20% of the position at 20,000, and then operate the remaining 50% according to trend signals.
②Continuous learning, continuous progress, and mutual encouragement with you
