《Respect the Market——Wif Point Update》
It is 6 o'clock in the morning again. When people are sleeping soundly, the big cake falls unreasonably. Now the hourly line seems to have stabilized. Although the big cake falls, the upward trend is still there. The pressure level is around 63200 and the support level is around 62300.
During the rise of Wif yesterday, we added positions at 2.05 and reduced positions at 2.64 for the first time. When the market was thriving, due to the turning of the big cake, a slight correction began, which seemed to give us the opportunity to add positions.
Now you can follow The stabilization of the big cake is around 2.5, and the position is covered. Wait for a rebound. This decline may be to clear some high leverage. After clearing it, it can rise better.
This is also the reason why Taco did not let fans chase the rise yesterday. The market is ruthless and unpredictable. Some declines are unpredictable. All we can do is prepare measures to deal with various market conditions and respect the market.
