Hello everyone, I am your cat. I worked on code until 5 o'clock in the morning last night and got up late.

Said in front:

1. Now is the correction trend, the overall downward trend, at this time to buy more, can only be a needle, and can not be a pattern. To pattern also have to protect the principal loss.

2. The pullback trend only means that the risk of short selling is relatively low, but it does not mean that you can short sell indiscriminately. You can short any currency at any price. If you short a monster coin or get hit by a rebound during a decline, it can still make you very uncomfortable. If the rebound is too severe, it is possible that your position will be liquidated.

3. It is not recommended to buy spot goods now because the price has not reached the bottom yet.

4. Every rebound is an opportunity for you to lock in your unlocked long orders or spot profits. Whether to lock them or not depends on what you think.

5. At this time, you can short and buy at the marked position, close to the price. After entering, it is enough to set a stop loss of 0.3~0.5%. If you can't sweep it, just take a bite and leave, or change it to break-even loss.

First look at $$BTC

It can be clearly seen at the 4h level that the rebound was suppressed by the upper edge of the descending box (624), and then fell back again, but the rebound last night was very realistic, especially like the big V Tianlong. Because the Yang directly wrapped the Yin, those who chased the rise when it broke were swept and lost money. There is no way to do this. Don't have a pattern or fantasy. It's still okay to take a bite and run immediately. Then the 4h level has a new low, so there is nothing to say, and continue to watch the callback.

The daily level is clearer. Now pay attention to whether we can stand firm on the daily middle track again, but the momentum is obviously not enough now. If it continues to be suppressed by the upper edge of the descending box and the daily middle track, there is a high probability that it will accelerate downward again. 600 has been supported many times. As the last line of defense for bulls, if that position is broken, it will go directly to 592. If the rebound is suppressed by 600 again, there will be no solution. Then the rest is just to see where we end the callback at 560-550-545-530.

The price will decrease every day on the upper edge of the descending box trend line. Yesterday's price was 62547, and today's price is 62478. The daily middle track price is 61339.

Next watch $ETH

The main force of Ethereum is really bad. From the continuous liquidation of shorts in the past few days to the desperate liquidation of longs when finding a little opportunity now, it does not follow the rise, but follows the fall. The familiar Ethereum is back. But don't worry too much, there is no market that only rises and never falls, and there is no market that only falls and never rises. The W and M are actually the same. The potential signal of short-term stop loss is to stand firm at 2419 for 2 4 hours, and the confirmation signal of short-term stop loss is to return to 2452 and stand firm for 2 4 hours. If it cannot be achieved, we can only continue to look at the callback.

Don't worry too much. After hitting the bottom, the market will naturally start to rise unilaterally again. If you have spot stocks and are too lazy to move, you can just leave them alone. Don't cut yourself.

Continue watching $SOL

At the 4-hour level, after being suppressed by 143, it cannot go up. Here we can see more clearly the situation of support and resistance interchange. After 143 has played the role of support for many times, it has played the role of strong resistance after breaking it. The same effect will occur if 139 below is broken.

On the daily chart, we can see more clearly how these positions came about and how they affect the subsequent market. Under the overall downward trend, the cost-effectiveness of short-term longs is lower than that of rebound shorts.

Finally, let’s take a look at BNB

At the 4-hour level, the support is 537, and the big resistance is 557. It seems that 550 has become a new resistance level. Pay attention to the line on the left that I did not extend. It is still an overall downward trend with a correction.

If you take spot orders, the ideal positions for BNB are 400-430-440-470-500. However, starting from the end of the fourth quarter, 400 may not be the floor price, and there is a probability of a new low.