Still complaining about the market manipulation by the dog dealer? Here is a trick to help you judge and solve it.
As shown in the figure, during this period, have you often seen the trend of mainstream coins going up and down, cutting long and short positions back and forth? Some people call it a wash, and some people call it a shock. Today I will share some practical insights on this.
I personally think this is a volatile market, and the judgment logic is as follows.
For mainstream coins to have a unilateral market, they need sufficient funds to pull up or smash the market. If there is insufficient funds in the market, there will be no unilateral market, and the price fluctuation will be very small.
The easiest way is to look at the minute-by-minute trading volume of Bitcoin spot.
During this period, most of the time, the trading volume per minute was only a few or a dozen bitcoins, which directly reflects the small amount of funds in the market. Usually, if there is a one-sided market, the trading volume per minute will not be in the single digits, but generally hundreds of bitcoins.
Therefore, due to insufficient funds in the market, the market of mainstream currencies will continue to fluctuate. Recently, the daily fluctuation of Bitcoin is usually only one percent.
How to solve it? Go long at the support level and go short at the resistance level.
Since there will be no one-sided market, as long as the entry position is appropriate and the position is properly managed, counter-trend trading will eventually make a profit.
Wait for more funds in the market, and then look for trends to enter the market. Before that, you can always buy low and sell high to make a profit. There is no need to hold orders in one direction. This may not be difficult.#6万保卫战 #CPI&PPI来袭,美国通胀升还降? #币安LaunchpoolSCR #特朗普当选概率上升 #meme超级周期