The market is still boring, rising and falling, and then many varieties are still in the process of creating new lows. According to the analysis of the previous article, the current Nasdaq has hit a new high. It is only a matter of time for Bitcoin, as a copycat of the US stock market, to hit a new historical high. I just don’t know how long it will take for this grinding bottom to come out. At present, Bitcoin and Ethereum have rebounded to a certain extent, but many copycats are still bleeding. In this case, friends who are bottom-fishing and doing swing trading should still pay attention to controlling their positions and stop losses!
This week, the news of Ethereum ETF needs to be paid attention to. According to the current market trend, it has been fully priced and is unlikely to pass. Therefore, the node of the change may occur on Thursday. At present, it may take a few days of pain. The general trend is definitely bullish, but before the trend comes, how can we keep our positions alive is the key!
Judging from the liquidation map of the big cake, there are still many bearish people. At present, it takes an opportunity to break through the historical high. It may be difficult without the pull of news. Wait patiently. The long-short ratio is so tilted that a big drop should not happen. It is nothing more than a pin. It has been a month since the halving. According to the historical trend, it will come one or two months after the halving. The 20-year halving market has been adjusted for more than two months before it began to work. This round of halving is because the price is in the front and the halving is in the back, so the adjustment time may be relatively limited!
The longer the shock and bottoming time, the greater the explosive power in the later period! You can't eat hot tofu in a hurry! Nothing can be rushed. Continue to invest regularly, don't be all-in, hold positions patiently, and wait for the arrival of the trend market!
For more consultation, see Zhuye, Junyang 5 threshold entry
