#加密市场回调
Big Cake is in a big water jump, which is exactly what the dog dealer wants!
Lao Li said before that Gouzhuang sucked up big Cake and forced it to more than 100,000. At this time, this method is definitely abnormal.
Recently, it has turned its attention to Ethereum, wanting to lead a group of copycats. It was originally thought that this would be a stable and oscillating upward process of absorbing funds, but the reality is that Ethereum 3300 to 4000 range, and Big Cake 100000 to 92000 range repeatedly oscillated and drew gates. Gouzhuang did this to make retail investors form a kind of thinking: once it is pulled to a high position, it is an opportunity to get off. A complete "wolf is coming" trick.
At the daily level, it stepped back on the MA60 moving average and touched it for the second time. If this position does not form an effective support, the previous ascending triangle pattern will be invalid. Once the position is broken, the upward trend will be gone, and there may even be a larger level of adjustment. If it develops in the direction of the MA120 moving average, the market will fall into a long period of shock and consolidation, and the shock cycle will be extended, which is a bad thing for the market.
The current overall market is still in the stage of washing back from the new high of 108,000. The current third stage of the correction will not be too deep. But if it falls below 86,000, the subsequent repair phase will become longer.
In the current currency circle, it has become difficult to dig for gold. There is a lack of liquidity, and there are very few opportunities for small funds to pry large multiples.
Don't panic too much about this wave of correction. This is the normal state of the market. What we have to do is to stay calm at all times and not be affected by short-term fluctuations. Holding is victory.
A short-term correction is only part of the cycle, and this kind of fluctuation will continue to emerge. Now, the market is waiting for good news from the United States, and the market will open in the middle and late this month. At present, it is just the most normal technical correction!
If anyone is confused by market fluctuations, doesn't know how to deal with being trapped, or feels misled during operations, welcome to communicate!
I am Lao Li.