The price crashed in the early morning, and the altcoins were deeply washed out----and the author of this article shared the trading logic
The band trend analysis at the daily level is as follows, for reference only by holders.
[Full five stars]
Bitcoin (BTC):
Daily trend: bullish 5 stars
Hourly trend: bullish 1 star
Hourly adjustment: see adjustment 3 stars
The articles in the past few days also recommend coins that are stronger in the market, but they still cannot withstand the overall adjustment of the market, but the good thing is that the stronger targets, such as BTC, its decline is acceptable, and the altcoins are more outrageous, so I won’t describe it too much;
Why does this article say that 70300 chases highs and chases breakthroughs? This time, let’s talk about this issue; in fact, the probability of rising and falling at any position is actually the same. It is actually difficult to talk about the issue of trading technology in a short time, and it is hard to say it thoroughly. Thousands of people have thousands of faces, and everyone looks at the problem from different perspectives.
But compared with the reality [price], rising is always rising, and falling is always falling; it’s just the timing of entering the market. Just like comparing a random ruler with the K-line, there is nothing wrong with saying "the current price is above the ruler and bullish".
Trading technology is only used to draw a boundary for the market, so that we know what is good and what is bad. The rest is to avoid making fatal mistakes and finally hold the profitable position as long as possible.
In trading, our only advantage over the market is to control how much chips we are willing to pay. I only want to bet so much in a single transaction. This thing can be controlled.
Although it feels like a lot has been said, it is still not clear enough.
Three basic logics:
1. The existing trend will not change easily [car brakes use a certain inertia]
2. Long separation will inevitably reunite, and harmony will inevitably separate [extremes will inevitably reverse]
3. Control risks, capital first, and there is hope to survive
Back to the market
When BTC broke through 67,600 in the early morning, it cleared the bottom position of 70,300; do not have any fluke mentality, and wait for the opportunity for price strength next time to go long; it will turn strong above 70,000, at least above 71,500 to have the possibility of a smooth trend.
Currently, it is suitable for watching and waiting, or for "short-term experts".
ETH
Weaker than BTC, not recommended.
sol
Pressure level 180; has been declining, patiently wait for the adjustment to end$BTC $SOL $ETH