Fil4.8 support, if it breaks, I will significantly reduce my position to stop losses and reassess the market. Reducing the number of interest rate cuts has limited impact on the market; my current view is still 'liquidation'. The previous period's sentiment was too enthusiastic, cooling down the market is beneficial for long-term development, but if it collapses, that would not be good.
Earn coins slowly. The principal is too little, so I can only exchange time for chips. It has doubled now, and I plan to withdraw the principal and continue to operate to collect chips.
A security that fluctuates by more than ten points in a day, if you can't catch it yourself, don't criticize it as trash. If you weren't stuck and bought at a low position, who would keep scolding it for no reason.
The large pie daily level RSI divergence, this new high is actually easier to trade. Looking at the liquidation chart, the main force first removed the short positions, washing the contracts with one or two high points. At the same time, FIL also has a daily divergence, and the small level may form a double sawtooth. I cleared my coin-based contracts from yesterday to today and sold 1/3 of the spot. Be cautious of risks; if the large pie pulls a solid big bullish candle straight to 100k, it proves that the above assumptions are all incorrect.
Buying and selling day after day, this plan was decided about two or three months ago, and it is only today that there are some results. At the beginning, I had to choose between the two Dogecoins, and it seems that I made the wrong choice.
Although the market outlook is optimistic, there is a reduction in positions here. The 1h RSI shows a clear divergence; if the technicals are strong enough, profits can be continuously made from fluctuations. Different sized cycles have different trading plans, and traders must strictly adhere to them.
1. Clear the warehouse in fil currency and only keep the spot; 2. As we mentioned during the day, Bitcoin may have completed this guidance. If it does not rise below 1.7w points and then falls by about 1.2w points, confirm that 490 is the bottom of the next cycle. The right side trading idea was mentioned on the personal homepage during the day; 3. There will be a serious divergence after the 3-day line closes, and Bitcoin may fall into a phased adjustment; 4. If Bitcoin continues to explode, it is not recommended to blindly chase the car.
Let me talk about the subsequent operation ideas of Dabing. Dabing will most likely form a guide tomorrow morning, and 490 will be the bottom of the next cycle. The overall market before 490 can be regarded as a joint adjustment (I didn’t look closely, so it’s not a big problem). If the increase from the most recent low point is no more than 16,000 points, and then a larger level of retracement begins, then the existence of this guide is confirmed, and then it will be the best time to trade on the right side.