The trading market always has its unchanging rules, and the unchanging rules have been reflected in the ever-changing market. If you feel that you don’t understand this sentence, it only means that you haven’t really started trading!

You can communicate more with senior friends who have achieved results. You will understand that the real trading results are definitely not based on technology, but on the analysis of market trends plus luck.

The unchanging rule is the trend level. The longer the cycle, the more obvious the trend rule, and the more accurate the prediction. When you choose to trade, if you choose the right strategy, the possibility of profit will be greatly increased. This is to do deterministic trading.

The so-called technical indicators only allow you to understand the market changes that have occurred in the past and provide you with some guiding suggestions for predicting future market conditions. For example, if the volume has been increasing sharply, the volume will decrease next, which means the beginning of a callback. This is almost the case, except for very few cases where the volume will increase again. I am not talking about ultra-short-term trading here.

According to the 4-hour technical indicator analysis, the current Bitcoin price has begun to return to the normal range, but the upcoming US presidential election will have a very big impact on the financial market. I personally feel that it is very likely to be a positive level. It is hard to say whether the Fed cuts interest rates. The interest rate cut itself is a positive, but if the interest rate cut does not meet expectations or does not cut interest rates, it will be a very big negative. A 10% drop in Bitcoin is normal!

Still the same sentence: The current Bitcoin price is already at the bottom range in the long term. Going long on dips and spot grid trading is a very good strategy. For specific parameters and other details, don’t operate if you don’t understand. If you need consultation, you can leave a message to communicate 🤝🤝$BTC $ETH $SOL