Yiming's Trading Diary
All contents in this article are personal opinions and are for learning and communication purposes only. They are not used as a basis for investment. If you act based on them, you will bear the risks at your own risk.
After the sharp drop, the market experienced a day of adjustment and is now gradually returning to normal. It is expected that the market will give a second chance to get on board. As for where it will come down, this is uncertain, but there will be a second chance to get on board when it falls back to the four-hour lifeline.
The market crash on Monday has left many people with a shadow in their hearts, so they may panic when the market falls back for the second time. However, Yiming is here to tell you that this fall back is a technical fall back and is normal. From three aspects:
1: In this rebound, both Dabing and Yitai are close to the 20-day moving average position of the four-hour chart, and an adjustment should occur here.
2: After the U.S. stock market rebounded from the monthly lifeline position the night before yesterday, there was also a need for a second retracement. It is expected that there will be a second retracement after the opening tonight.
3: ETH is above the lifeline of the monthly line, this is certain.
Here is a reminder that there are ambushes for spot in the 2100~2200 range ahead. You don’t have to pay attention to this fluctuation. It is not recommended to gamble on this callback market. Just seize the opportunity of certainty. Get on board if there is an opportunity, and wait if there is no opportunity.
Spot opportunity reference, contract disabled.
BTC:54000
ETH:2360~2370
Message: When you can’t see the future clearly, just persist a little longer than others.
![](https://public.bnbstatic.com/image/pgc/202408/0b58d34822d504c51237dc9ad94479cf.png)