Now we have come to the tangled point again
It is a position that can be moved up and down
Because it is currently at a relatively high position
Without other auxiliary tools such as Qimen
Technical means
Both up and down
First, if we follow the trend of last year, repeatedly wash the market and delay time, waiting for liquidity to be replenished, then referring to the single top trend given at the top, we can return to the weekly middle track around 64 in early December.
Then it will gradually move towards 80,000, and at that time the liquidity can reach 90,000.
This is a slow bull market. The top will not be too high. The top of the big bull market is around 150,000.
Second, if the trend follows the previous bull market peak after the U.S. election day in the year before, a new bull market will start directly, or at least a small bull market peak will appear. Refer to the upper track of the monthly line at 83, and a strong pull may be close to 90, probably in early December. Refer to the figure below.
After reaching the target, perform a daily and three-day level washout, then continue to oscillate upwards.
Why the struggle?
Because both of the above trends are feasible, and liquidity can still support them.
So, how to respond?
Hold a low-leverage light position and if it falls back to 64 in December, continue to leverage to buy the dip. If it directly rises above 83, and liquidity is insufficient at that time, then clear out and run!
This highlights the importance of always maintaining a certain level of leverage to wait for more investment, which can mitigate risks while increasing profit opportunities on the downside and maximize profits during a bull market on the upside.
That's it! $BTC
