What do you think the market will look like next?

香港币姐 · 2023-10-15T11:51:38.000Z

The market has been fluctuating and consolidating below the trend line for several days recently. There are not many opportunities for market transactions, and most coins have basically no fluctuations. Many copycats are trapped in a lot of traps and ask me if I want to cut the meat. Now most copycats say that it is no longer necessary to cut the meat. The pie is because the top is suppressed by the MA120 and MA200 daily lines. If you don’t stand firm upward, you still can’t enter so quickly. It's an upward trend. I had been optimistic that there would be a wave of gains in the mid-term, and then the trend line fell below the stop loss. I had no choice but to wait for the trend line to rise again. The bottom support was still around 24800. This did not fall below, and it still did not completely enter the decline. While the channel will most likely continue to consolidate, local opportunities will appear, such as the direction of chain games and the direction of web3 social networking. These are all directions that are likely to become hot spots in 2023. Therefore, as a person who makes money by trading, next Undoubtedly, we need to focus on this track to lay out and look for opportunities! Just follow the main line of the market, it’s that simple!

Bitcoin has been fluctuating and consolidating below the trend line for several days recently. There are not many trading opportunities in the market, and most coins have basically no fluctuations.
Many people have been trapped in the counterfeit market and asked me if they want to cut their losses.
Now most of the copycats say that there is no need to cut meat anymore
Because Bitcoin is suppressed by the MA120 and MA200 daily lines from above and has not stood firm, it will not enter an upward trend so quickly.
I was optimistic that there would be a wave of upward movement in the medium term, but then I was stopped out when the trend line was broken.
Helpless, I can only wait again to stand on the trend line
The support below the big cake is still around 24800. This has not been broken, and it has not completely entered the downward channel.
There is a high probability that it will continue to consolidate
During the consolidation, there will be local opportunities, such as blockchain games and web3 social networking, which are likely to become the hot spots in 2023.
Therefore, as a trader who makes money, the next step is undoubtedly to focus on this track to lay out and accumulate experience and look for opportunities!
Just follow the main market trend, it’s that simple!