Shoulder formation, trend retracement, a mid-line over-fat year

Whenever people are looking forward, the market seems to play tricks on us, but in this market, it is an exception when the market cooperates with us; it is the norm for us to cooperate with the market. Whether it's being indecisive or variable, following the rhythm is the hard truth.

A bull market is the hottest sentiment before the end of the year, but after rising from the 73,000 mark directly to 105,000, has the bull market already come to an end? In fact, many people have a misconception that a bull market does not skyrocket without looking back. No matter how bullish it is, there will still be times of weariness and fatigue; the current state is very obvious, it is tired and needs a pause.

In terms of market sentiment, the main index is already exhausted and it is difficult to get more stimulation from the sidelines. Various favorable news has already pushed the bull market's space to nearly 30,000 to 40,000 points, and as for the so-called 120,000 to 150,000, even if there is a desire to continue rising, a certain period is still needed, rather than soaring straight up to 90,000 miles in one step. After all, even the strong bulls need to rest.

From a technical structure perspective, on the daily level, the price is struggling to stabilize at high levels and is gradually declining. The upward pressure is stair-stepping down, and the bearish volume is being released. It is currently difficult to turn bullish in the short term; the weakening of the main index is the current trend, but the bull market is still firmly in a strong dive state, and it can only step down while looking back.

In summary, to put it simply, while the technical structure allows for a decline, the market sentiment does not permit an easy shift in trend; however, the intensity of the pullback will definitely not be small, as bearish positions are being released in a grinding manner. In the near term, do not expect a breakthrough above 100,000.

In terms of swing and medium to long-term strategy, we can participate in high positions:

In terms of operations, I personally suggest shorting in the 97,500-98,500 range, looking at 91,800-88,800-85,800.

A swing of 3,000 points, a medium line of 5,000 points; the greater the vision in your mind, the larger the pattern, and the greater the space. A stair-stepping decline, with rebounds being opportunities to short; entering and exiting in swings, and firmly holding above a 5,000 point space in the medium line, can allow you to leave offline $BTC $ETH #加密市场回调 #币安ME开盘 .