Today, someone asked how much the price will rise in November. Damn, this is too far away from now. Those who can answer it must be bragging. Don't look so far now. Take one step at a time. First, get through this wide range of fluctuations in September smoothly. Many people will fall in this month. Only by surviving can there be hope.
After the recent acupuncture, will it continue to rise? I don't think it's that simple. There is a high probability that it will form a W double bottom structure and then rise unilaterally. If BTC reaches 43,000 for the first time, 51,000 is the top in the short term. Generally, it will go down to 43,000 for the second time to get support and then take off, which means it is in the 10w direction. For spot, you only need to buy the bottom once in batches between 50,000-40,000, and then hold it. For contracts, you must do more two-exploration bands, one up and one down is also 1.6-2w points. It's a waste if you don't do it.
This wave of accelerated decline of BTC is unexpected. I knew it would fall, but I didn't expect it to fall so much. Since it has fallen, let's start analyzing the trend again. The current price is in a downward trend and has not stopped falling yet. Jiao⑥Wei: xntm566 long orders are not recommended for the time being.
Because the probability of V-reversal after each big drop is very low, this time it is a continuous drop. If it is a needle down, it is easy to V-reversal. Secondly, after a big drop, there will be a small level of secondary bottoming near the new low or even a low point.
Judging from the falling channel, the price has reached the lower edge. Wait for a secondary confirmation of the support strength test. If it is safe, wait for the trend to become clearer before considering starting!
