Liang Xi's latest prediction
After breaking through 70,000, the market will accelerate. My suggestion: review the market rhythm in October first.
Since March, this is the fifth time that the price of Bitcoin has hit the trend line and the fifth time that it has hit the 7w position. Why did I judge in the member group yesterday that it would stand up this week? Here I will briefly explain it. Brothers in the group can read the analysis I posted in the group yesterday.
Trump's speech in the early morning yesterday was a good test:
- The dealer used it to test the market
- I used it to test the dealer
The dealer used Trump's speech to touch the trend line twice, testing the selling pressure, testing up and down, and the amplitude was not large. Old traders can understand this, so I won't repeat it.
How do I test the dealer? The first abnormal point is that during Trump's speech, Bitcoin did not really increase its volume to exceed 7w, and the hourly line amplitude was too low. If I were a dealer, if I wanted to cheat, I would definitely use Trump's speech to tell a story, pull over 7w, cheat the contract to open an order, and then cut it down.
In fact, there is no. What does it mean? The dealer does not want floating chips. From this, we can see that the rebound and rise after the big drop in early July, I don’t think the dealer is cheating, and the average volume is also higher than the previous May and June.
Especially the position of 70,000, which is too critical. It takes a lot of real money to break through here. The dealer is unlikely to spend money here and waste time. So much money is spent just to prepare for the breakthrough.
How will the market go next? Here are my personal opinions:
- Put aside all prejudices! Put aside all prejudices! Put aside all prejudices!
- Pay attention to Ethereum and Shanzhai. After the approval of Ethereum ETF, the logic of Ethereum has changed, and Grayscale’s selling pressure will gradually be digested
- The net inflow of funds from ETFs brings prosperity to the entire Shanzhai
- There is no Shanzhai season with a general rise, only the rotation of sectors and the performance of some Shanzhai!
