The market has made no progress in the past few days, and the previous point has been hit

However, the obvious polarization before has begun to overlap, and both the cottage and the big cake have entered a volatile market

The rise is weak and the decline is weak. This is a very typical volatile trend

Referring to the trend of Bitcoin in 2023, it is not difficult to find some rules

Basically, most of the strong cottages have successfully built a bottom at this stage, and then started their personal show

Entering 2024, referring to the trend in the first quarter, there is a slight difference. The big cake starts first, and the cottage follows closely

Originally, it was thought that this wave of decline would be the same as Bitcoin, but the market has changed

Most people dare not look directly at their accounts, because the spot is close to being halved, and the amount is also halved

People who have not experienced the bloodbath in the currency circle are difficult to face, especially the frequent negative news in the currency circle, which feels related to the currency circle

The more complicated the emotions, the more anxious you are when looking at the market, so it is easy to have fear and get stuck in a dead end

In fact, the market is not that complicated. It is obvious now that the cottage is in sync with Bitcoin

You must ignore the sharp drop in the market some time ago, otherwise you will analyze The market is meaningless

If you can't clearly judge the current bull and bear trends, you can't get a clear follow-up direction, and you can't manage your positions

This is closely linked, and no step can be wrong. Once you are perfunctory, you will become a gambler-style currency speculation, which will lay the groundwork for subsequent losses

The correct approach is to objectively analyze the market, forget the currency you hold, block the emotions of the news, and give up your inner anxiety

From the daily line of Bitcoin, it has fluctuated for 42 days and experienced three clear downward trends

The short volume of the three waves of decline is not strong, although the last wave It fell below 60,000 US dollars, but it did not break through effectively.

It closed up quickly, which shows two points:

First, the shorts are exhausted

Second, the support below is relatively strong

There are also three waves of rises in the oscillation range, and the volume of each wave of rise is also weakening, and the high points have not become higher in sequence

This shows that the bulls are weak and there are strong obstacles above

In general, the price is close to the support below and the resistance above is far away. A new round of shorts has also begun to continue to try to fall

However, with the current shrinking decline and close to the key support level, it is easy to change the market

Combined with the early plunge of the copycat, the shorts accumulated in the market need to think twice before they can capture the position of 60,000 US dollars.

However, it is obviously very difficult to go up, because the air force accumulated above is obviously very strong.

The biggest test at this stage is what currency you hold.

Because the copycat has a big wash in advance, it means that there are few floating chips in the market, and new speculation opportunities will appear.

The amount of funds in the currency circle is very large. Only when it flows can it bring benefits and ensure that the market has enough temperature.

Otherwise, if retail investors leave the market, the main force will have no prey, which is the result he does not want to see.

Therefore, the big drop is actually the best time to change positions. Under the same funds and risks, how to choose more potential currencies is particularly important.

At present, we have also seen some very potential currencies. If there are friends who want to follow the layout, Zhu Ye welcomes consultation and joins the May Circle at #WIF #fdusd #ENA $SOL $PEPE