Why has the market been so sluggish these past two days?
There are quite a few reasons. First, Trump suddenly extended an olive branch to China, then Musk is under investigation again, and on top of that, Powell made some remarks. These news items seem to have been coordinated, prompting capital magnates to collectively short the market.
Currently, the market saw the daily K-line peak at 3720, but then it plummeted to a low of 3322, marking three consecutive declines, and it couldn't even hold the crucial EMA60 support line.
However, the good news is that the K-line has climbed back above the EMA60. Next, we need to closely monitor the two key support points at 3210 and 3130; these positions are great opportunities to go long, but remember to leave yourself some room to maneuver, set stop losses, and prioritize preserving your capital. Earning money takes time.
In this market, those who understand stop losses may earn slowly, but those who do not often end up losing everything.
Looking at the four-hour K-line, ever since it peaked at 3720, it has been stumbling downwards. The EMA trend indicator is also pointing down, and the strength of the bears is truly overwhelming.
The MACD has also been contracting, with DIF and DEA nearing the energy indicator's breakdown. The K-line has been hovering around the lower Bollinger Band at 3430. For friends looking to go long, it's advisable to set your stop loss at 3320; if it breaks below, withdraw quickly and wait for another opportunity.
The major support point is 3130, and the resistance level is 3580. With such a clear bearish trend, it’s primarily a short-selling market until there is a correction, with long positions being supplemental.
For short-term operations, safety comes first. Remember, there is no such thing as a guaranteed market move, so always set stop losses. Our goal is to make big profits from small losses.
If you want to try going long, look for a good entry point in the range of 3220 to 3170, with a defensive point set at 3130 and a stop loss of 50 points. The initial target is 3300 to 3350; if it breaks through, then consider 3400 to 3450.
If you want to short, look for a good entry point in the range of 3550 to 3600, with a defensive point set at 3650 and a stop loss of 50 points.
The initial target is 3500 to 3450; if it breaks through, then consider 3400 to 3350.
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in the shanzhai market, with an expected return of over ten times being quite feasible. Like and comment to join me in laying out the entire bull market!
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