Emotions can indeed extend, irrational madness that everyone should be aware of. The market maker is never doing welfare.

After a month of battles, emotions have almost been crazy for a month. Took some drugs, became hard for a month. There is a saying that extreme situations will lead to reversal, and yin and yang have their order. Will December allow everyone to have a good rest? But most retail investors in the crypto circle have a hard life; as long as you stay in this circle, there is no rest all year round, a cycle that never ends, with no daylight.
Recently, Trump is forming a cabinet, and indeed most of the people in the economic field are quite enlightened, representing new forces, but there are also old foxes from the financial circle with a history of thousands of years. As for whether BTC will be treated as one of the national strategic reserves in the future, there is still no conclusion. However, from the perspective of speculation, retail investors believe it; I don't know if institutions do.
Emotions will indeed extend, an irrational madness that everyone needs to pay attention to. The big players are never doing charity.
From a monthly chart perspective, the height of the MACD is consistent with the height of 5.19, which can be considered a risk height. It may continue to rise, but it must be sold more the longer it lasts. There are too many profit groups in this wave of BTC, with an average price around 82000 for the May line. To put it bluntly, those who bought BTC before November and held on have made a fortune.
On the daily level, there has been slight fluctuation in the past few days, showing a form of high position where funds are quietly fleeing. The moving averages also show signs of turning, with the MACD dead cross pointing down, still in a bearish pattern. It is not recommended to bottom-fish at this time. It is not suggested for spot cycle players to enter the market now. Be patient. Risks always come silently. Perhaps in December, your patience will bring you great returns.
Emotions have been extended for a long time, and there has been continuous oscillation at high levels. It is said that horizontal consolidation at high levels is a sign of distributing chips; I wonder if this curse will be broken. At such times, operations must be particularly cautious. Just because the risk is raised doesn’t mean to go short. However, from my own trading logic, I would rather focus on going short. Everyone should trade according to their understanding of patterns and individual coins.
For short-term matters, you can enter the market at any time, but please bring stop-loss orders when entering.
There is still something to note: if you only have BTC positions, the risk has already dropped below 90%. Most of us, facing liquidation and death, are actually affected by the poison of altcoins, including myself. It is really difficult to integrate knowledge and action. Remind yourself to wait and not be greedy, wait and not be greedy. $BTC #山寨币走势展望 #以太坊时刻到来？