[Key Point] How should you respond to the current market situation! !
👉🚩For those who follow the order, the order has been placed and is patiently waiting for the transaction to be completed.
🔺🔺The market is currently in the early stage of a correction and is in a downward channel. Don’t buy the bottom easily. You can only make your first long position after at least seeing 59,000.
Many copycats have already fallen below the 59,000 position of the market last time. The spot position was reminded many times to reduce the position, from 73,000 to 68,000. If you still hold it, losses are inevitable.
Here is a prediction of a market pullback, 59,000 is broken, let’s look at 51,000 first.
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Why is it said 51000?
As the saying goes, go back where you come from!
50900 was pulled up, and there were not many real K callbacks in the middle. This drop of 59,000 is an important threshold. It is expected that there will be a rebound at 59,000. Those with long orders can get off here and wait until around 51,000 before getting on.
A large amount of funds were opened after 51,000 came up. Only by returning here can all retail investors' profits be wiped out and the high-position takers killed.
It will still be a bull market at the end of the year. I still say that no market can be built overnight. If you wash it out hard, you will see a huge pie of 100,000 by the end of the year.
🔺🔺👉Key points on the blackboard:
The key point above is still 69000. If it can stabilize, it may be a signal that the callback is over. Everyone must pay more attention to whether the physical K-line above the 4-hour level can stabilize at this position. If it does, give up short orders for the time being. Switching to a low-long thinking, the current market technical aspect has basically no effect. It is only used as a reference line for a point. Don’t rely too much. The more useless the market is, the more it tests everyone’s ability to short positions. Stay rational and light positions. If you do it wrong, the impact will not be big!