Wednesday Summary and Thoughts for Early Morning

When trading, you must be a lazy person rather than a diligent one. Because the more diligent you are, the faster your account will lose money. Today's market continued the weak downward trend from yesterday. After a brief rise in the early market, the price of cryptocurrencies continued to weaken, with pullbacks accompanied by rebounds. Overall, both bulls and bears have been given space, and our main strategy today is bullish, with both profits and losses. We had 4 trades in Bitcoin, winning 3 and stopping out 1, achieving a total of 2684 points, and 1 trade in Ethereum, achieving 55 points.

Our strategies are openly shared; if we are wrong, we admit it, and if we profit, we won't boast about it recklessly. Zichen only presents the most genuine insights.

Currently, looking at the market, after a rapid decline on the bearish side down to the 92500 level, there was a quick rebound above 94000. It can be seen that this round of bearish decline has been fully released. The pressure above is still concentrated around the 96000 level. If we can stabilize at this position, the market can rise better; if we cannot stabilize, it may fall back again. In the early morning, it is advisable to treat it as a range, participating in high shorts and low longs!

When your talent cannot support your ambition, you should calm down and learn. When your abilities cannot manage your goals, you should settle down and refine your skills. Choice is greater than effort! $BTC $ETH $BNB