Wednesday, Bitcoin, Ethereum, operation strategy!
In the past few days, the market has been rising for many consecutive days. However, yesterday, under the influence of the mood of Mentougou, it fell back. The market did not plummet as expected. Whether it was the main control or the strong positive, we finally saw the upward movement in the strong. The closing price was in the 65,000 area.
Back to the question of whether "Mentougou" will cause a market crash again, it will definitely happen, but the impact is limited. The market has digested some of the emotions in advance. Germany sells coins, Mentougou sells coins, etc. These selling behaviors will bring certain selling pressure to the market. However, we have overlooked another aspect: the Fed's interest rate cut in September and the arrival of Ethereum ETF.
The interest rate cut is essentially the Fed's release of more money, and the passage of ETFs will also bring more capital inflows to the crypto market. Refer to the passage of Bitcoin ETF at the beginning of this year, and the market has been singing and advancing for several consecutive months. In this comparison, the news of Mentougou seems insignificant. So, for example, why do whales like Sun Yuchen dare to continue to increase their positions? They are waiting for the real big positives in the market to appear.
Recently, we have also issued articles to remind investors many times. It is also the case that the market is booming. Yesterday, we were also frightened by the news from Mentougou. We thought that the continuous selling of 130,000 in Mentougou would cause the market to crash. However, the market may not necessarily buy this order. We arranged a 63,700-yuan, and added a yuan once when it went up. In the second half, we also chose to leave the market to protect our capital. Then the rhythm is still strong and it is still in the rising cycle.
These days, we have been stepping up step by step. The short-term has been accompanied by thousands of yuans. In terms of operation, we continue to see continuous positive pull-ups today. After the continuous bald big positives on the daily chart, the long shadow line is closed, and the support is at 62,500, the low point of yesterday's retracement, and the pressure is 66,500. First, the shock is excessive, and the principle of first duo and then yuan is used in a wide range.
Wednesday's operation strategy
Bitcoin, 63,500 long, look at 66,000, if it does not break 66,000, look at a retracement.
Ethereum, long at 3380, looking at 3500, if it doesn't break 3500, Zuo Kong will see a retracement
A very good start in the first two days of the week, Zuo Kong's speed is not good, please pray to the gods, if you agree with the idea, you can follow the BN column! Zuo Kong's idea update
