71997×0.8=57597
This wave of decline will only retrace to this point, don’t panic~
Short-term, at most, you can insert it further, and if you do, you will be giving away money to make money~
Break it down~
The position of the red circle is just around the 30% retracement of the highest position;
The median of the green circle is around 42000, and many people see the beginning of 4, which is the support level (called the pressure level by some people at that time). The transactions here are very dense, belonging to the dense transaction area, and will also be the support range for some time in the future (bull market). But now I think it is too pessimistic to see the decline here.
What about the current situation, what about the position of 30%? To say that there is no probability is to lie with open eyes, but I don’t know how high the probability is. What is relatively clear, or more cost-effective, is that 20% can still be inserted down, such as inserting a few more points, and there is no problem in making money in the short term. This is not the first time I have shared the plan to make money. This is a strategic issue. I dare not say that it is always right, but the cost-effectiveness is not bad.