Attention friends in the 190 million currency circle. Friends who are familiar with Laojiu know that I am a person who hates seeing other people's money, so I will post a reminder when there is an opportunity in the market.
The current trend of the pie is very critical. Only after you understand its temperament will it become your little sweetie. If you want to go east, it will never go west. If you want to chase the dog, it will never catch the chicken! If you don't understand it, you may be hung up and beaten by it!
It can be said that the current market is in a period of chaos. At this time, no matter whether you are watching the market or taking action, you need to be calm and calm. You cannot make decisions on the fly, otherwise shortfalls and traps will follow closely. you!
If you only focus on the rise and fall of the market, you will definitely be indecisive, because the trend in the past two days will not have much fluctuation, and there is no room for the downward trend for the time being. The short-selling power, mainly retail investors, is gradually declining. There is no motivation. Near the key resistance level, the bulls have not yet made enough increments. Small fluctuations and rest will still be the main theme of this week!
After clearly seeing the general trend of the market, identifying the core direction, and grasping the key points of reading the market, Lao Jiu believes that my friends will do better and better in the market in the future!
Finally, after last week's correction and repair, the short-term momentum has been further released, and there is demand for a rebound in the short-term. 39.8k is still the watershed between long and short this week. The long-term long pattern is still intact. As long as the price runs above the ratio, it is a buy-low mentality. Strict profit and loss!
Big pie resistance 42.8, 43.5 support 41.5, 39.8
Resistance 2208, 2235 Support 2135, 2088
I am Lao Jiu, likes and follows are the greatest support! #BTC #EthereumHigh