Life is full of ups and downs, just like the waxing and waning of the moon. There is no perfect existence. In this market, there is no permanent winner. Only by learning from failures and rising from setbacks can we welcome the dawn of victory after failure. In the morning, we gave the idea of shorting after the rebound at noon. Our short position entered the market near 70300. The entire price fluctuation at noon did not give a big fluctuation and remained in a volatile situation. In the afternoon, the price saw a strong rise. The highest price reached around 71,600, which allowed us to lose more than 900 points directly. Failure is not terrible. What is terrible is that we cannot learn lessons from failure and cannot rise from setbacks. Failure is a stepping stone to success. Only by learning from failures can I go steadier and farther when facing challenges in the future.
From the perspective of a small cycle, this wave of ups and downs in the price comparison can basically be regarded as a washout. It has now returned to around 70700 and continues to fluctuate. It can be seen that the overall trend has returned to the bullish trend again. Although it is currently in a volatile situation, We can define the current shock as the behavior of bulls building a bottom and confirming support. Then after the shock is over, there is a high probability that the price will break through the previous high again. Following the trend is our only choice at the moment. Let's still wait and see whether the bulls will step back first. The depth is enough to carry out long positions.
The market is centered around 70,300-70,000 and the target is 72,500
Auntie around 3630-3630, direct more targets, see 3730#BTC #ETH
