Recently, I have been earnestly reminding everyone to cherish every drop and plunge. Every plunge is an opportunity to buy at the bottom, but the feedback I get is endless ridicule. I think Bitcoin can fall to 40,000 or 30,000. I can only laugh it off. Never interfere in the cause and effect of others. Doctors don't knock on the door, teachers don't go along the way, Dharma is not easily passed on, and Tao is not sold at a low price. All living beings suffer, and only self-salvation can save them.
$BTC The current price has come to around 64,000. I wonder if you have bought the dip at a low price. I have been reminding you not to participate in short orders for some time. The market will definitely usher in a new period of growth as the interest rate cut approaches. Now it seems that all has been verified. Is it suitable to buy more now? I think since I failed to buy the dip at a low price, it is safer to wait for a correction before entering the market at a high price of 64. At present, the price of Bitcoin has broken through the upper track of the daily Bollinger Band. There is not much room above. As shown in Figure 1, there is still a lot of selling pressure at the two positions of 64,300 and 65,200.
Although there is a major positive impact from the Federal Reserve's 50 basis point rate cut, there is still a certain risk in buying stocks at this high price. Since you can resist the urge to buy stocks at 50,000, you should restrain yourself even more at 64,000 now. The positive news will definitely lead to a sharp correction before the bull market starts. Don't be like the recent crash, where you look at 40,000 or 30,000 for a decline and 80,000 or 100,000 for a rise. Don't dare to buy at a low price, and rush to buy at a high price. Who else will you trap?
The E family army basically has some positions at low levels, but the positions are not large, because most of the positions have been allocated to take profits due to the recent market conditions. For today's operation, I suggest waiting for a correction to the 61,400 line before considering entering the long position, which is safer. However, the 62,300 position is likely to usher in a small rebound. It depends on whether this position can be effectively stabilized, and it also depends on everyone's understanding of the market and their ability to bear risks.
Some people may ask you, if you think the current high position will be adjusted back, then why don't you participate in the short position at this high position first, wait to close the short position and enter the long position, this idea is very beautiful, the market is not something that anyone can analyze simply, we can only say that what we have to do is to participate in the market with a high probability, rather than to short at high positions and to buy at low positions. I think only the masters of making money and the chart critics in the market can easily grasp it. I don't have that ability yet. Of course, I think it will usher in a small correction. If you like to be aggressive, you can also take a small loss to participate in the short position. Remember to use a light position, for example, enter a short position at 64,300 and a short position at 65,200, and use a 1% stop loss for each order. After all, short positions belong to counter-trend operations, so be defensive and you can enter the market with a reverse long position when you reach our entry point. Specific reference:
$BTC 64300 level one position is short, 65200 level one position is short, 1% loss, target below 62300, remember that short position is against the trend, conservative type is also OK, focus on long position
$BTC There are many positions at level 1 near 62300, with a 1% loss
Key positions: long orders near 61400-61000, (5-8 layers of positions) defense 60300, target 64000-65200 (stop profit for most positions) -68500
The above is purely personal opinion, please consider it carefully#CATI价格预测 #加密市场反弹 #美联储宣布降息50个基点 #moonbix #鄂B炒家