2024 5.14 Mysterious Market Climate Analysis
(Please move to the private domain to avoid getting lost)
Weather: Strong differentiation
Let's take a look at the trend of the sun (cake) first. The daily MA60 presses down on the MA20 support
MA5 10 20 entanglement
MACD is blunted. The KDJ dead cross state has a slight increase in trading volume. When we open the daily K of the sun, it seems obvious that the volatility is shrinking, but in fact, when it switches to the hourly level
Various hourly K heaven and earth needles, false breakthroughs emerge in an endless stream
Breakthrough means the end, and breaking through means stopping the decline
Repeatedly torturing funds, for right-side traders, it is an endless stop loss
I believe that all friends who are participating in the market recently have a lot of resonance with the description just now
Here is a quote from my idol Livermore
-Never complain about the market
So once you identify the market When the market is disordered, the most difficult and simplest method is to wait and see with empty positions.
I won’t waste space here to explain trading psychology. Let’s continue to look at the market.
From April 7 to now, May 14, although the N-shaped downward trend for more than a month has not ended,
the pressure of MA60 will gradually weaken and flatten in the next 10 days. This is the only window period for breaking through the upward trend.
As long as there is a continuous increase before the end of May, MA60 has a chance to be broken.
So should we now regard the rebound of 56552-65500 as the first leg of the new N-shaped rise?
Or is 65500 just a certain rebound high point in the process of N-shaped decline?
At this time, we need to look at other currencies in the market. The altcoins are collectively arranged in large shorts. Yes, but I found a very abnormal situation. Here I will only give three examples. LDO SUSHI APT
Open the community-exclusive capital inflow indicator, we can see that no matter how LDO APT SUSHI falls, the daily line is always a continuous capital inflow.
In the case of a consistent market rot, there is still a net inflow of funds, so who is buying? Who is hoarding? I believe it goes without saying
This is all I can offer in a free sharing community$BTC #BTC走势分析