I am still bearish on the current market, because there is really no reason to rise at present, but there are many reasons to fall!

Last night, the PCE and consumer confidence index data were released, and the values ​​were slightly lower than expected, which is a small positive. But the good news is bad news, and the big cake cannot rise. After the upward pin, it fell to 57,700, and rebounded to above 59,000 this morning.

Tens of thousands of big cakes in Mentougou are waiting on it. As long as they are pulled up, they will take the opportunity to throw them down, and the market funds cannot catch them. In addition, the Gaza peace talks are heading for a breakdown, and it is expected to fluctuate over the weekend. If it breaks through 60,000, don't chase high, you can consider going short at this position!

If the remaining 40,000 big cakes in Mentougou continue to be processed, they may fall to 55,000 under the stimulation of Mentougou's selling pressure. But if these 40,000 have not moved, then there is no need to worry too much. At the beginning of the month, we said that the selling pressure and volatility of big cakes will continue until October. Now it seems to be about the same. This kind of market is more difficult to trade, and you can wave appropriately. The big trend has not yet arrived, don't chase highs, and don't cut losses. Just after chasing highs, it will fall, and just after cutting losses, it will rise.

What we need to do now is to slowly build positions and buy. No one can buy the real bottom. Don't fight for the head and tail of the fish! #美联储何时降息？ #英伟达财报 #MtGox钱包动态 $BTC