How will the market go after the June 18 crash in the cryptocurrency market?
1. Think about the problem from the perspective of the main force:
I actually don’t understand why everyone is so worried about missing out. Is it so easy to miss out? At this stage, it is obvious that there are very few people who make big cakes, but there are a lot of people who make cottages, because cottages fall a lot, and there is a lot of room for rebound. Even if a leek who has just entered the circle understands this, how can the dog dealer not understand it?
So the trend of cottages is a death spiral, pulling some lures, and then plummeting, until retail investors are almost deeply trapped, and the dog dealers will stop after losing all their principal.
And at present, most cottages have fallen a lot, but big cakes are still at a high position. Everyone thinks that cottages have reached their position, but at this position of big cakes, I can only say that the risk is too great. Even if cottages seem to be at the bottom, do cottages have a bottom? Therefore, once big cakes plummet, cottages will definitely be miserable.
2. The cycle conversion is not so fast:
When the market is rising, many people always shout 80,000 or 90,000. In fact, I really want to ask, why? Why is it only 80,000 or 90,000? This position is obviously for most retail investors to make money, is it possible? No matter what trading market, retail investors are destined to be runners-up, and retail investors are also destined to give money to the dog dealer. Will it make you money if it rises to 80,000 or 90,000?
The start of a market in the currency circle is very slow, and it always takes a long time to absorb funds before it can happen. Bitcoin at this position does not conform to the trend of skyrocketing. The market is obviously going out again, and after the decline, there will be a period of extremely boring accumulation of funds. After this series of processes, the mood of retail investors will be exhausted, and the market will have a big pull-up market. Therefore, you must have a concept of the market cycle, and don't speak out.
3. Recent market analysis:
If you want to buy the bottom, it is best to wait for the bottom of the weekly line. In the short term, the daily line and the four-hour line are at the bottom, and there may be some rebounds, but the rebound may not be very strong. If the daily line level rebounds, there will be a 5-10 day pull-up cycle. At the weekly level, you need to wait for about a month!
If you have been losing money and don’t know what to do, join me in laying out 100-fold coins! Please read my introduction!!
