The market is short of water and this BTC "buffalo" has no structure and is torturous!

The distinguishing feature of the bull market is that there will be at least two or three major adjustments midway through the entire process. After each adjustment, it will continue to advance; unless it is the last decline, the previous declines are all for a better rise, and then It gets higher every time, and by the time of the last adjustment, the bull market will end and fall off a cliff.

As for how to judge the last adjustment, or the bearish stage of a possible sharp decline, based on my previous experience, my judgment on the market in any period comes from: emotional theory + specific market conditions

On the market, the normal bull market advancement process should be "increasing volume and rising prices", which means that the trading volume of the subsequent rising wave should be greater than the trading volume of the rising wave before the adjustment.

If there is an obvious deviation in any wave of rise, that is to say, the transaction volume of the new wave of rise has not reached a new high, or is even smaller than the previous wave, but the points have repeatedly reached new highs, this is highly dangerous. is a signal, indicating that the market may change at any time.

Now the U.S. stock market is reaching new highs every day and is singing night after night, but the currency circle is extremely pessimistic and fearful; Bitcoin has been oscillating back and forth for a few days, and long orders have been eliminated; click on the main leaf to follow the official account: Bifangshe, and enter the skirt for free Altcoins generally fell by more than 30%, but fortunately CHZ ran fast.

Altcoin project developers and hot money are extremely sensitive, and they will rush to sell and sell at the first sign of trouble;