Except for LOOM, there were no altcoins that performed very well over the weekend, and the overall sentiment slowed down. In addition, Korean tokens performed relatively well this round, such as ONG. Last time, we counted the statistics and found that #REEF was the leader of this round of growth. Everyone should continue to pay attention. The following is a machine presentation of data on the current BTC trend and the leader.

Let's look at the 4-hour BTC. Last week we mentioned that we should not short when the volume increases upward. Although the amplitude is not large, the choice of direction is very important. If the direction is wrong, everything is wrong. When it was 58,000, we wrote an article saying that it might go to 68,000. It will soon reach 65,000, but the time is relatively long and it is a difficult process. Many long positions will be closed. There are also many people who lack confidence or can't help but short. They can't stand the loneliness.

This wave is climbing slowly and rhythmically. Compared with the trend in the past few months, it is much more stable. It turns back every step to form a wave structure. This structure is often more stable than the rapid rise. Before the short position is confirmed, it is better not to short. It will definitely fall back at the 65,000 line. It should be reached today, and it will make a high-rise and fall action.

Let's look at the red column of the AA indicator. There was a retracement before, and the column just came up in the channel, confirming the end of the retracement, the second wave of pull-up, that is, a small 3-wave stretch of the main rise. But looking at the column today, the energy is obviously weakened. Even if the price is pulled to 65,000, it will make a top divergence, and the price will retrace rapidly. Then we will see how strong the retracement is. Therefore, today's 64,000-65,000 is not a good position to establish a long position. Everyone needs to pay attention.

Let’s look at REEF

Reef is the leader, the vane of altcoins, or the big brother leading the rise. We must pay attention to it. In this round, we have been doing more and more through robot monitoring. In the past two days, it has entered the shock range and inserted a needle downward. This needle is very important. It washed out the bulls and made a step back to confirm. The volume is still very good, still above the channel line, and the bulls are very tenacious. We still have to do more and don’t have any idea of ​​guessing the top. Even if there is such an idea, it is wrong. In front of the bulls, the shorts are worthless.

From the last high point of 0.0053 in March this year, there is still a rise of about 20%. It should be touched, otherwise it is not logical. This is my personal opinion. So I will still go long.

Finally, let me raise a question about rotation: Each round of rise has a regularity. First, a certain currency is very strong, and then drives the entire altcoin. This is the reef. The leader is killed, not guessed. Before it is confirmed, it is not, so you have to pay close attention to market trends. Then the altcoins are quiet, and the funds return to BTC. BTC rises, and the altcoins have no funds to drive them. The main force will choose to put the funds on BTC, which is much more stable, and naturally the altcoins are quiet. After BTC makes a wave, the main funds will return to the altcoins for speculation. This continues. When will it end? I don’t know!

You can look back at the beginning of the decline every year, which is a collective collapse. First, BTC fell, and then all the altcoins suddenly plummeted. Remember, it was a plummet, not a slow one. At this time, you must be vigilant. Another thing is that the leader falls first, and the altcoin plummets. This is the second feature. In any case, just make a good stop loss, don't be afraid. If you are afraid, don't play with contracts, otherwise Xiaobai will spray again. And who says that spot is safe? In my opinion, spot is very unsafe. Many people don’t understand the logic of their own transactions, so I won’t elaborate here. You buy a spot coin with 100,000 yuan, or use 10% of the 100,000 yuan funds to buy a 3x contract. Which one is more comfortable to operate? This is a very easy account to calculate.

Of course, I am not asking novice friends to play with contracts. The difficulty is indeed much higher.

#DODO助力Meme发行 #BNBChain与Telegram集成 #币安上线CATI #加密市场反弹

, the market status presented by the machine is released every day, not personal opinions. Then share your intraday trading logic every day, and do not share your positions to attract hatred and show off.

I am not very knowledgeable, please give me more advice. If you like it, please like and follow