Bitcoin and Ethereum sideways view and strategy on August 17

Today's market has been sideways for a day, and the market is like a dead dog, motionless. Many fans said: Lao Liu has not posted a post for a day, I am so anxious, what should I do with the orders in my hands. In fact, there is nothing to post today, and there is nothing to say.

At present, the trading activity is low. Facing this sideways state, everyone should remain calm. According to their investment goals and risk tolerance, Lao Liu is still optimistic that there will be certain fluctuations tonight. From the analysis of K-line, it is still in an upward cycle. For friends who can't grasp the current market, Lao Liu suggests that you go long with a small position to test the water, or wait and see with an empty position and wait for the interest rate cut to trade.

After all, the market is every day, and there will be no loss if you don't do it. If you place an order in a market that you can't grasp, there are only two results: 30% profit and 70% loss. Why does Lao Liu say 30% and 70%? There is a certain reason. Listen to my analysis.

If there are certain signs of rising or falling, plus your analysis and insight to place an order, the probability is 50% each. If you place an order without these signs, your chances of making a profit will be greatly reduced. Therefore, Lao Liu recommends a small position to go long and wait and see, except for gamblers. #美国CPI数据连续第4个月回落 #美国7月PPI低于预期 #美联储何时降息？ #加密市场反弹 $ETH