Today's data is exactly the same as what Lao Deng said yesterday. BTC and ETH have developed two different styles. Let's first look at the two pictures below from Lao Deng:
BTC funds are showing an outflow trend, while ETC is the opposite. ETH has been showing a large amount of capital inflow in the early morning. Our main focus now is on the trend led by the big cake in the next step. Lao Deng is bearish this time, with a five-wave rise and then a rapid decline.
Lao Deng's next BTC strategy is to open shorts in batches at 66850-67450, with a stop loss of 68,000 and a take profit below 66,000. Lao Deng still says that fans who cannot accept losses should open orders cautiously!
The worst way to trade is to frequently enter and exit with a heavy or even full position. This is a manifestation of complete loss of self-control and is almost the behavior of a madman. Always insist on betting on those transactions that are most likely to succeed. This is a question of odds and probability.
