30,000 to 70,000 is just an appetizer for the bull market. Brother Dong will take you to look at the market from multiple angles. After reading this article, you will get rid of anxiety and continue to fight for the bull market!

If you feel very confused when you participate in something,

you might as well look at it again as an outsider.

After all, the authorities are confused, and the bystanders are clear. At this time, you will have an objective view and let the truth surface!

Take the current BTC market as an example. Since the high point on the 13th, 23 days have passed. The current retracement of the market is only 9.24%, and the maximum retracement during the period is 17.7%. However, it is a bit incredible that many participants feel very panicked!

But if you think about it carefully, there are reasons: on the one hand, this panic is more due to lack of confidence in the future market, and on the other hand, it comes from the excessive proportion of the holdings of the cottage in hand.

It is nothing more than these two main situations, and it is nothing more than heavy positions!

From a historical perspective: surpassing the previous high is just the beginning of a new round of bull market, and it is normal to have a wash here. There is no coin that goes straight up or down. When the price reaches a certain height, the main force will conduct a secondary wash to complete the market chip exchange and raise the cost of holding coins. Without going through this stage, the later pull-up will encounter great resistance. All of this needs to be assisted by the action of falling. Only falling can break through people's psychological defenses and let most traders who have no confidence in the future market hand over their chips! From the perspective of retail investors: Most of the panicked people now dare not buy at low prices. The group of people who chased in around 60,000 to 70,000 have not made much profit, and most of them are still losing money. As long as there is a big fluctuation, it is easy to bleed heavily. Human nature has always hated losses. It is normal to have panic emotions when facing heavy bleeding at any time! Most people are hesitating between cutting and not cutting, and then slowly handing over chips in thrilling Yinxian again and again! From the perspective of the main force: since the launch of this round of rise, it can be clearly seen from the trading volume that a large amount of buying has poured in during the period from 50,000 to 70,000. If the banker's ambition is to push BTC to 200,000 per coin, then at this stage, they naturally do not want to let the chips scatter in the hands of retail investors. It is necessary to use intimidation methods such as falling prices to make retail investors hand over their chips!

If retail investors hand in their chips, continue trading. If no one hands in their chips, continue to smash and clean the market until most people hand in their chips!

From Dong Ge's perspective: this round of market conditions can only reach the middle of the bull market. The follow-up is nothing more than a question of how to clean the market.

Don't forget to stop profit because of the rise, and don't forget to buy the bottom because of the fall.

Don't let your emotions control you when trading. The support shown by the market above 60,000 is still very strong.

Don't worry too much!