I don't know why, I can't see your replies tonight.
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$BTC $PEOPLE (09.09) Zero o'clock analysis, issue 13. Hello everyone, I am Jiuge, and I am here to analyze the market every night. Let me first say we are people, okay! In this bull market, my contract orders are only people and $PEPE , and I have not lost much money 😹. At present, I have opened some positions in pepe, but not much.
Replaying the analysis of the market at zero o'clock last night, it is indeed sideways today. Don't underestimate this 1,000 dollars. It is not easy. Think about the current position close to 56,000, which is very critical. At this time, the dealer wants to see whether the long army is firm and whether the short army is reduced.
If you are a long army at this moment, would you want to run? If you are a short army now, do you want to increase your position? As long as this effect is achieved, the long army basically wins.
Looking at the current situation, the US stock market fell slightly after opening, and then continued to rise slowly. 55800 is the daily resistance, and it was also directly smashed from this position before. It takes some strength to break here. If it breaks through 56000, then I am sorry that it will go up to 60,000 to fill the gap.
Today, a friend asked what the gap is? Let me answer it again: You can simply understand the previous market situation. After 65000, it did not stabilize at the position of 62000, and it jumped down directly, and it did not rebound. There must be a whale at that position, or it may have been liquidated. Then in this large oscillation cycle, it needs to go back there, and the breakthrough will go to a higher position. If it does not break through, it will be a stage top.
Operation suggestion: If you sell half of the long orders at 54800 before, continue to hold them, just like today's people pulled 13 points today. I also chose to sell half, and then watch the performance of Trump and Harris tomorrow night. Let's see if people will perform.
At present, it is really not recommended to open a short position, because the long-short dividing line is the key position of 56000. I would rather chase longs than shorts, the reason is actually very simple. If the market is too bearish, it may not necessarily go down. It can teach you a lesson before going down.
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