Today's market deduction!
Brothers, yesterday's Bitcoin Strategy 1 successfully took 308% of the profit, and directly pulled the market before reaching the retracement demand of Strategy 2, which fully demonstrated the strength and stability of the current upward trend. Then the next order-making idea is undoubtedly to go long.
However, in the strategy post yesterday morning, the comment area below discussed the question of "when will the spot take over", and I would like to emphasize my point of view again and sound a warning to everyone!
Old fans know that I have been saying that Bitcoin is likely to take Ethereum to the previous high, and there is a possibility of deep market crash near the previous high. Therefore, logically speaking, in my eyes, the time to really start to lay out in batches to ambush the spot must be after this wave of deep correction. All the current gains are just the dealer's desire to blow up those short orders that were laid out in advance. Combined with the release of CPI data, this motivation of "blowing up short orders" looks more "reasonable"!
Therefore, friends who continue to hold long positions after seeing my deduction and strategy, hold on, no problem, but when it reaches 71703u-72426u, or even 73520u, you must reduce your position and go, or even sell it all and wait and see. Remember, the previous high is a position where the market is extremely greedy, full of dangers, and it is easy to be buried.
Briefly talk about today's strategy:
Bitcoin intraday strategy: Go long if it does not break 66105u, stop loss 65773u, and the target price will first look at 68593u.
Ethereum intraday strategy: Go long if it does not break 3069u-3017u, stop loss 3052u-2991u, and the target will first look at 3176u.
Today's strategy will not be analyzed, just follow it, and the weekend itself is not volatile, and you can rest today after watching the strategy yesterday.
