Discuss the situation of this week
1: There is a new low, but there are also opportunities for bulls to enter; it is merely a rebound and will not reach new highs for the time being.
2: The new low mentioned last Monday has not been realized, but that does not mean the risk has disappeared; the time has not yet come.
3: The daily lifeline for BTC and ETH was broken on the 18th, and this cannot be changed; once a trend is formed, it will not easily change, especially in a large cycle.
4: The daily trend has turned bearish----retracting to the weekly lifeline and starting to rebound----rebounding to the daily lifeline resistance---further retracting to the monthly lifeline; this is the overall K-line trajectory.
The infrequent updates do not indicate a lack of concern; if there are analysis updates due to unexpected market fluctuations (new trend changes), they will be updated in a timely manner. No updates mean normal fluctuations, and there is no need to change the viewpoint. If a person changes their strategy and viewpoint with the market fluctuations, then that person's strategy must be unstable.
That's all, wish everyone a pleasant life!
