The white plate is motionless, and there is a spike rebound in the evening! Is the market playing a game of luring buyers again?
The white plate seems to be just lingering there, not moving at all. In the evening, there suddenly comes a spike rebound, testing the pressure upwards for a bit, and then it drops down quickly. This kind of routine looks quite familiar; it feels like they are trying to trick us into buying long, especially since the chips are not enough yet. It’s just hovering around 98000, not giving any indication of a breakthrough, making people stay extra cautious.
High sideways movement does not mean the bulls are strong; it just means they haven’t gathered enough chips to deceive the bulls. A decline is much easier than a rise; everyone knows this. In the short term, the 100,000 integer level seems like a hurdle. As long as we haven’t crossed it and stabilized, we will continue to try entering short positions, with the target still the same. The market often moves in the opposite direction; this is something to remember!
On Wednesday evening, the same thing applies: the short-term high point is 99500. When it reaches that, we will short it first. For the shorts around 98000 to 99000, we will continue to hold, with the target still at 95000. The strategy remains unchanged; at the pressure level of 3550, we will short it once it arrives, with the wave target still aimed at around 3200!
Recently, I plan to ambush a potential coin that is ready to explode. Doubling is quite straightforward, and an expected space of over 10 times is not a problem. If you want to follow along, feel free to follow me, and I will share for free!
