OK, today we start the market defense mode, and by the way, I will analyze the next BTC market for you.
Did everyone get the BTC short order yesterday? The second support level mentioned by Lao Deng from the three o'clock post began to fall sharply, and in the post on the 16th, it was also clearly stated that there would be a pin to penetrate 60,000 points. Let's look at the short order to 59,625. There is a very large amount of buying, which makes the virtual pin bottom out, and then rises rapidly. Then at 12:45, the step-by-step buying began to go long. This is a very good signal. To put it more popularly, someone has eaten low-priced chips, and needs to pull up to better ship. So it caused today's band, and it became a pull-side shipment.
The trend that Lao Deng sees is that this wave of bulls who receive the goods will have a wave of pull-ups and then a large amount of shipments, which will produce the emotional side he wants. So as to achieve the purpose of shipping. Today's first pressure level is 62054, and the second pressure level is 62627. Breaking through the second pressure level means that the upward trend is established.
Trading is an art that requires a balance between rationality and sensibility. It requires both rigorous analysis and sharp intuition and decisive decision-making ability.
