Evening review

Now everyone is shouting that the bull market is going to return. I wonder if those who went to A-shares a few days ago have taken a photo.

After Biquan cuts, run to A-shares. After A-shares cuts, return to Biquan to chase highs.

Today, the big cake broke through 66,000 with strong volume, and it is also a constant reminder for everyone to hold on and not cut losses.

When everyone is shouting that the bull market is going to return, we need to analyze it calmly.

First of all, it is certain that the long-term bullish outlook is certain, and this daily market analysis makes it very clear.

Let's talk about the short-term. The current price has reached a small previous high at the end of September, but it is still unknown whether it can continue to rise.

It depends on whether the current breakthrough position can stand firm. If it stands firm, the next step is to rush to 70,000.

If it does not stand firm, it may pull back to 64,000 to blow up the long orders, and then rise again.

Today's surge has almost cleared the short orders. The 24-hour short order explosion is $191 million, accounting for 80%.

However, there are a lot of long orders below, which will bring selling pressure for profit on the one hand, and on the other hand, the dog dealer will not let so many people make money.

On-chain data shows that the bottom-fishing funds have fluctuated in a relatively stable range in recent days, but the number of big cakes in the exchange has a small inflow.

The current recommended position is 70%, don't go all in, and don't go short.

If it falls, you can find a suitable target and position to bottom-fish.