I have made it very clear about the market these days. Long positions and bullishness will become the main melody. The market depends on indicators, not feelings. Why can we determine the bottom with an 80% probability after the 58,000 pullback? Why did the 4-hour MA250 fall every time it touched it in the previous two months, but it can stand on it this time? Why does the extreme shrinkage mean that the bottom is about to be completed? The market is out. Do you really think that this CPI, which is neither painful nor itchy and meets expectations, can reverse the market? Wrong, this is just a small opportunity. The real reason is that the adjustment is over and all indicators meet the elements of strengthening.
I was blown up yesterday because I was greedy, not because the air force was so powerful. The tolerance for rolling positions is very small. I fell asleep when I rolled from 10,000 dollars to 30,000 dollars. Why can the big cake fall by 1 point and the cottage fall by more than 10 points immediately, and lose the one-day increase? I just want to kill the first batch of greedy fish and don't want to let the fish run away. But I am not afraid. Whether it is the main force or the small dealer, you can do evil for one day or a few days. Just like the 24-hour V-shaped reversal at the end of the BTC adjustment triangle, they cannot always go against the trend. This is the rule.
Back to the market
1. BTC has seen a single-day big positive line at the daily level. Respecting the fact, the market is bullish. Just like on May 3, BTC had a positive line, and I said that it could not fall. The mainstream currency market usually fluctuates slightly, and the change and rise are often in an instant. If you don’t make advance volume, it means chasing highs. The medium-term is bullish, and patience is a good friend.
2. BTC 4-hour level now has a good trend. High-quality altcoins can only go up directly or consolidate and then go up. Because at the bottom, there will be a daily rise in the end. In my opinion, the shock first is to continuously give short-term opportunities, and pullbacks are long.
3. In terms of operation, with the help of small-level pullbacks in the market, go long on dips and follow the trend. For short-term selection, choose the top of the list of gains and the currency with large fluctuations. The first support level of BTC is 65280, and the second support level is 63320.
If you want to know more about the relevant knowledge of the currency circle and the first-hand cutting-edge information, pay attention to Tianmeng. Junyangli publishes market analysis every day and recommends high-quality potential currencies.
