The market has been quite tiring recently, with small levels coming and going, which is a torture for newcomers.
Because small levels are easily manipulated by the main force, it is not good for you to watch too much, especially for those who have contracts and play with spot.
Because of the pressure in your heart, you may accidentally click the wrong place in the middle of the night, and the contract will be gone, and the spot will also be cut in half.
At this stage, try to look at the levels above the daily line as much as possible. If you choose the long-term trend market, basically look at the weekly line, the three-day line and other large levels are enough.
It just so happens that the 5-day line is closed, let's take a look at more , who is stronger in the short position, will there be a big drop or a rebound in the future
From the above figure, we can clearly see the following points:
1. In the 70,000 US dollar correction, the short position's real column is also stronger than the 40,000 US dollar decline
2. The 70,000 US dollar decline has a longer range and greater volatility
3. At present, a stop-loss signal has appeared at an important support level: a piercing pattern
4. The previous 5-day line closed with a small negative line, and the closing price was above 60,000
5. The volume of the entire decline in the short position is gradually weakening
Through the above Based on these evidences, although the current market price is falling, the bears are not that strong, especially when encountering the key support level of $60,000
Although it has fallen below twice, it has not been able to stand firm; indirectly, it also shows that the support below is relatively strong
Now Bitcoin is relatively balanced in long and short positions, and it is difficult to tell the winner; but after the previous wave of altcoins falling sharply, Bitcoin did not fall much, so everyone should also pay attention to the main force: making a feint to the east and attacking the west
Since he can play like this, it means that the main force has enough understanding of the market, including absolute confidence, so it is inevitable that there will be a second time after the first time
Of course, it will not necessarily be exactly the same, and it is even possible that he will use it in reverse. For example: the big cake continues to fluctuate, and the altcoin comes unexpectedly; the recent altcoin surge is not an exception, so you must look at the market from a global perspective
If you are doing long-term, just strictly follow the long-term strategy, don’t envy those short-term bands, the two are completely different, and changing strategies at will will only waste all your previous efforts
The trends of altcoins and big cakes are becoming more and more different, and the volatility of the market is also getting smaller, indicating that the real direction is about to appear
This turning point is very critical. If you grasp it well, it will be a springboard in life and leave a large number of people behind.
The subsequent market trend is actually not complicated.
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