Article update
I haven't continued to do swing trading or stop profit and exit in the past few days. The previous market was always up and down, and I didn't dare to hold it for a long time. I would trade and stop profit around the resonance of key points of support and resistance
But as for the current trend, I think the structure has changed, from the original oscillation downward-oscillation-unilateral rise, so I think swing trading will make me lose the low-priced chips I picked up at the bottom with blood and tears
We should not predict the market when trading. Anyone who predicts the market, I think this person is a big spring brother. What we need to do is to trade according to the existing trend. How the K-line goes, we do it.
Some people say that the K-line market maker can draw it, which is limited to targets with poor liquidity.
Do you have to buy targets with poor liquidity?
Institutions are also playing games with each other. Why is there an oscillation relay? That's because long institutions and short institutions will eventually reach a consensus on the selection side.
The market is nothing more than rising-consolidating-falling, one cycle after another
For me now, I need to change my original trading ideas, from swing trading to trend trading, until the end of a trend or a large-scale consolidation
I never expect to sell at the highest point, I just hope that I can leave the market with profit before the end of a trend
In addition, let’s talk about the sector. At present, the depin defi sector has taken off one after another, and a large amount of funds have poured in, leading to a very strong pull-up.
Everyone can check whether there are targets worth investing in other sectors. I will not recommend them here, because you will not buy them even if you do.
The current chips have risen by 20.30% in time, and its cost-effectiveness is still very profitable. When others get their money back, you may have made a profit of 30.40%
In addition to Ethereum, I just want to say that if you don’t buy Ethereum at 2100, you don’t buy it at 2400, do you have to wait until 3000 to go all-in?
Add positions on dips in spot, and the contract’s pullback from the rising structure is your entry point. Some people see 1500 when they see 2100, then this market is not suitable for you
After enduring the cold winter, is spring far away?
After enduring the shock and downward trend for half a year, is the outbreak of the bull market far away?
The market always sprouts in despair and explodes in doubt
I wish you all a sudden wealth in 2024
