In the morning, Lao Deng's BTC market analysis was relatively accurate. What Lao Deng wants to say is that the market may continue to fall. This wave of shorts is still not over.
We carefully observe the good K-line chart of 9-10, which is basically the mirror trend of today's K-line. Later, Lao Deng thinks that today's K-line will fall to the second support level drawn by Lao Deng, which is the position where the rapid rise started yesterday.
What is needed now is to wait for time to verify. Lao Deng thinks that this time's long and short positions should wash out a large part of the contract players. Although this kind of violent fluctuation is the best time to open an order, it is also the time when the liquidation rate is the highest. So everyone controls the position and looks at the opportunity to enter the position. The principal must ensure that the contract margin ratio is below 4%.
Sometimes the short-term fluctuations in the market are very tempting, and we rush in regardless of everything. But we did not seriously examine the position of this small fluctuation in the overall trend. This kind of transaction has only a very low chance of winning, which often makes us embarrassed.
