Every pullback in the bull market, whether it is a major or minor one, is for further rebound and continuous exploration of new highs. Therefore, try not to miss every small wave. If you only look at the big pullback points before you dare to go long, then you will miss this rebound this morning.

For example, BTC's 12-hour MACD has a dead cross, and the support at this level is 85250, and it may fall here in the future. But we can't just wait for the pullback to 85250 to enter the market to go long just because it may fall here. You know, the 12-hour level is a medium-to-large-level indicator, which runs very slowly, and it usually takes two or three days for its downward momentum to take effect. This morning, the rebound started after the pullback to 89300. After breaking through 89300, there is another rebound to 88666-88250. After this rebound ends, it will go down again, and it will fall through to 85250. Therefore, every pullback in the middle needs to be long and the profit is very good. The logic of going long after the pullback is now completely different from the shock period of more than half a year before Trump was elected. The previous pullbacks during the shock period were real declines and washouts, but now every pullback is for further rises and is a buildup of momentum. Based on this point, the idea of ​​short selling should be weakened.