Those who know how to buy are apprentices, those who know how to sell are masters, and those who know how to short are the ancestors! In the trend band strategy, the choice of buying point is secondary, and the selling point is the key, but good fund management is the soul of trend band trading.

After the weekend shock, the market of Yitai tested 3550 again on Monday and then rebounded into shock adjustment. In the 4-hour chart, the Yin-Yang K-line alternated and then closed with a small Yang line. Around the 29th of last month, it tested the support rebound of 3550 several times. At present, it can still refer to this line in the short term. It is also the support near the 60-day moving average, which is the reference for the short-term lower boundary. The focus on the upper side is near the top high point, which is also the resistance level of the upper track. The short-term reference is the intervention of this range.

The support levels mentioned above are still good, buying between 3580-3550 should yield decent gains for those participating. The essence of K-line patterns is the time cycle; to survive steadily and for a long time, the slower and steadier you are, the more smoothly you can reach the other side. Investing is not a game where a person with an IQ of 160 can necessarily defeat someone with an IQ of 130; investors don’t need to do many things right, what’s important is not to make significant mistakes.

12.3 Short-term advice: No break below 3750, sell between 3730-3720, looking for 80-100 points.

No break below 3530, buy between 3580-3550, looking for 80-120 points.

The above advice is for reference only, make sure to manage your risks.

Wishing you smooth trading!

Alright, friends, we have to say goodbye until next time. Wishing everyone better and better performance, may your journey in the crypto space be smooth and prosperous! More real-time advice will be sent internally. Today's brief update ends here. For more real-time advice on Bitcoin, find Gege.

Written by: I'm Trader Gege, a friend willing to accompany you on your rise again.