I thought that the volatility on Saturday and Sunday would not be big, and there would be no liquidation in the market. However, according to the statistics of CoinGlass, in the past 24 hours, more than 123,000 people were liquidated, of which the majority were long positions, with long positions liquidated by 220 million US dollars and short positions liquidated by 120 million US dollars. Every day, we emphasize risk control and say not to chase the rise and sell the fall, but many people still lose themselves in this bull market, and are overwhelmed by desire. They accidentally increase their positions, carry orders when they are unwilling, and go all in when they are not satisfied. The final outcome is inevitable...

The market volatility is not large. It mainly fluctuated between 89400 and 91900 over the weekend. In fact, it was only a wide range of 2500 points. Why did so many people get liquidated? On Saturday, we gave everyone 90000 and 90700 to short, with an average price of 90300. The lowest retracement on the weekend morning was 89400, and short-term short orders could also make a small profit of 900 points. On the weekend, we gave everyone 91500 to short, with a minimum retracement of 89935, and short orders could also make a profit of 1500 points. For short-term trading, this kind of volatile market is actually very easy to operate. Go short at the pressure level, and go long if the support level is not broken. Wherever the position is broken, just chase it. Light position with a small stop loss, profit is good!

I will also briefly talk about the midnight market. First of all, I want to tell you that the bull market is far from over. It is inevitable to go up to the 100,000 mark, but it is inevitable that there will be a pullback in the middle. So don't be too anxious if you are bullish. After all, the recent pullback is not small, and it is 5,000 points at any time. If you chase the high position, you know that it will be pulled up, but the process of being trapped in the middle will actually be uncomfortable! Pay attention to the three positions of 89,500, 86,500 and 87,500 below. If the 4-hour middle track support of 90,000 is maintained at midnight, then this wave of 4-hour level pullback will end, and the long position tomorrow can be more aggressive. If it can't hold here, then we have to test the three support levels of 89,500, 88,500 and 87,500. Pay attention to the upper pressure of 92,000, 92,500 and the previous high of 93,400. These positions have been tested recently and have been blocked from going down, so the risk of continued pullback cannot be ruled out.

In summary, if you want to buy at a low price, you should consider ambushing at 89500, 88500 and 87500, with the target at 92000, 93500 and 94000. If it breaks, continue to move upward, with the defense at 86000.

If you want to go high, you have to try light positions at 92000, 93500 and 94000, with targets at 89500, 88500 and 87500, and defense at 94500.

Don't make too many predictions about the market, otherwise you will easily be preconceived and think that the market will go this way, which will cause losses. Just observe and try after these support and resistance levels are reached to see if they break through or hold up, so as to make judgments based on real-time market information and choose the best entry position. All analysis is never for copying homework, but to mark the positions that need to be focused on in advance based on historical trends, so as to be able to remain unchanged in the face of changes! The above is only a personal opinion, investment is risky, and you need to be cautious when entering the market! #交易所BTC储备量创2018年以来新低 $BTC