Saturday Weekly summary and market trend analysis
The road of life is long and melodious. If you want to live in the sun, you have to keep moving forward in the light. The same is true for trading. Constantly summarizing yourself, learning and growing. The currency circle is a magical place, which makes countless grassroots full of yearning for wealth. Under the influence of the interest rate reduction environment, hard work can no longer make us content with the status quo. Fools seek common ground, and wise men seek differences. If you want to get rid of the current predicament, you have to break through and be reborn.
The golden autumn is coming to an end, and it is time to test our results. As of the Mid-Autumn Festival, all orders on the plate are open and transparent, and the overall winning rate of short-term bands is 80%. It is not perfect, but the main focus is on reality. Except for a few extreme washes that damaged two short-term orders, the remaining layouts were all firmly won. At the end of the month, looking at the increasing balance of real positions, I feel very relieved. The good things in life are what you want.
Bitcoin is currently consolidating around 63,000. The bulls' upward pace slowed down after hitting the high point of 64,200, but the trend has not changed. The daily structure still needs time to convert space. Simply put, it will fluctuate for several trading days. The retracement is not a weakening, but an adjustment and accumulation of strength. The range in the small cycle is temporarily locked at 62,000-64,200, which is between yesterday's high and low points. The retracement means going long, and short-term ... In the short term, the point is more important than the direction. The rhythm of wide fluctuations increases the probability of a wash-out. Coupled with the uncertainty of market news, you can only make judgments and decisions through your own objective consciousness. Do not chase highs and sell lows before the daily and weekly lines close. That’s all I have to say today. If you can’t do it well, follow me. As long as the market is there, I will be there!$BTC $BNB