Use #交易四步曲 to find trading opportunities 👀 #RATS

Let's talk about the background of the rise first. I think it is still driven by emotions. The market has successively listed VC coins against BN, but not RATS spot, only contracts, and opened RATS to protest. However, it is still an emotional rise.

From the perspective of trend, we can see that the last two high-point explorations failed and then began to fall back, directly hitting a low point on the low slope and the first high point position. I think this is the end of the bull market.

At the same time, coupled with the strong momentum of the shorts and the narrow range of intraday fluctuations, it can be defined as a potential downward relay.

The key position is the upper and lower edges of the relay.

However, the relay does not mean that there will be no rebound, so we have made two market expectations. One is that the shorts are very strong and the direct break continues the short-term strength.

The other is that the price rebounds first and then is under pressure to find the opportunity for the shorts to enter the market and continue to fall.

Since the trend is downward, we only made a downward market plan.

Another abnormal signal observed in the market is the change in holdings.

The rise of RATS can be divided into three stages. Each time the holdings increase significantly, it means that the rise is actively driven by bulls. Most of the callbacks are long positions (positions decrease).

However, the later the rise, the weaker the strength of the rise (by observing the positions and price momentum), which is a bit exhausted. Combined with the original emotion-driven, now the market sentiment is weakened, then if you want to go for a stronger rebound, you need new stories and emotions. If you want to strengthen if you maintain the current state, it is still difficult.
This is another reason for the bearish perspective.