#PEOPLE
《The rise is blocked ---- people reduce positions and leave the market》
People, after we got on the train near 0.05090, we also updated the position of reducing positions and leaving the market to our fans in the early morning this morning, and we successfully reached it in today's rebound.
Today, people's highest point reached 0.05591, and our position of reducing positions was 0.05450. When we reach the position of reducing positions, we must not be stingy with our chips, and we must reduce positions decisively and wait for the callback to enter.
The upward trend is still there, and it is tentatively planned to re-enter the market near 0.05110. If this position is broken, we can also re-enter the market near 0.04930. We must build positions in batches and gradually find the bottom.
To use an old saying, we cross the river by feeling the stones. Only by feeling the stones step by step can we know the bottom. If we take a big step, we will suffer.
As Bitcoin begins to turn around, the current round of gains for some altcoins also means the end, and they are starting to pull back. Pay attention to Bitcoin around 59,500, which is the dividing line between the middle and lower tracks of the daily line. If this position stabilizes, it may trigger a new round of rising market. If it fails to stabilize, it will have a round of correction of about 2,000 points.
