On the cliff, be cautious in placing orders. Frequent pins. At this time, it is not that the currency price does not want to go down, nor that the emotions do not want to calm down, but that the dealer is setting up a game and wants to continue to support the bottom. In this world, as long as it is business, as long as it is buying and selling, whether it is US stocks or BTC, it is all buying low and selling high. As for raising prices, the tail market is good, there are only two points, the first is that it has not reached the best selling price, and the second is that the goods in the warehouse have not been sold out?
Everyone knows that selling is when the crowd is bustling, but we retail investors will be affected by external news, emotions, and greed. If the price is high, we only hope it will be higher. There are very few people who can control their emotions and truly integrate knowledge and action. Otherwise, how can we be called leeks?
At present, from the daily level, BTC is in a high sideways pattern. Yesterday, the K-line cross star, the power of both long and short sides is balanced. At this time, it is definitely not retail investors who buy, so there are only two types of people. The first is large institutions or sovereign countries that take over, and the sellers are also dealers or institutional capital. The second is that the dealer's left foot steps on the right foot, where is he playing?
At present, macd is downward, still in a bearish pattern, but the strength of the bears is decreasing, and the moving average is flat. The market has been volatile in the past two days. The short-term upper pressure is around 97600, and the short-term support below is around 91000. If it breaks through, it will be a new high. If it fails to break through, it will be sideways at a high level, distribute chips, and form a double top pattern. Next month, if you want to do a single BTC, let me say that with a stop loss, the risk level of a short order must be lower than that of a long order.
At the 2-hour level, the price is above the middle track of boll, and the macd golden cross is upward. There should be a small pull-up, but the volume is small and the pull-up height will not be too high. Around 97000, you can take a small short with a stop loss.
But if you are a spot player, I still said that if you are doing a cyclical layout, don’t enter the market now. If there are no countless casualties and crying, it is not the time to enter the market.
As for short-term players, short-term only looks at the pattern, not the price. You can’t enter the market by looking at the price. Most short-term players are contract players. Either the previous high pressure, or the strong line pressure, or the MACD dead cross, or the golden cross, you can go long or short. With a stop loss, don't be greedy, and you will almost always make a profit.
However, most of our losses are not because we can't understand the market or the K-line. The biggest reason for the loss is that human nature is still too greedy.$BTC