#BTC
The mid-term downside is the idea we have always emphasized.
The process of testing the mid-term layout has also suffered two consecutive setbacks.
But in terms of risk control, I consider myself a professional. The cost of two consecutive rounds of mid-term testing failures is only 1,000 points.
Last night and today's morning session, the final position above 10.2 has been opened. So far, there is 1,500 points of space. At present, the losses in the first two rounds of testing have been fully recovered.
But we have made so many rounds of mid-term layout, not for the opening of the year with one or two thousand points. Even if we want to reduce our positions, the first round of target is 9.8, and the pattern must be opened.
The current views at all levels are:
1. The large-cycle volatility rise test exceeds 10.35, which means that 10.2 has completely fallen, and it also means that the correction of this cycle has ended.
2. In the short term, the previous support level of 10 will have certain resistance to breaking down, but if the breakthrough can be confirmed, the first target of 9.8 will come soon.