After the market stopped falling, it made a small correction.
The purpose of the correction is obvious, which is to make those who left the market because of the decline in the past few days still have the fantasy of a big drop.
If the market went up directly after the rise the day before yesterday, even a fool would know to chase it.
Then it will give people a false impression that the market can't go up, and they will suspect that the rise is just a lure to buy more, and then continue to wait and see, and finally catch everyone off guard when they are not prepared.
I reminded the market to stop falling on May 1st. Now it has been more than half a month and it has risen.
But I still remember clearly that when it was corrected some time ago, some people were buzzing like flies, telling me that the market was going to fall sharply, and my analysis was wrong, and the market was going to fall to 50,000 or 40,000.
It's really speechless. How do many people analyze the market? When they see the market rise, they say it will continue to rise. When they see the market fall for a few days, they say the market will continue to fall. Is there any meaning in such analysis?
This will only lead you by the nose. The purpose of market analysis is to track trends, judge trends in advance, and then find the time to enter and exit the market.
If you think it's great when you see the rise, and think it will rise again, then you will be like many people in March, chasing in, oh, you are trapped until now. But when you understand the market and know that the rise in March has begun to weaken, you can avoid risks in advance.
Just like the daily trend of the pie in the picture, one wave of decline is weaker than another, the amplitude of breaking new lows is getting smaller and smaller, the lower shadow of the Yin line is getting longer and longer, and finally the volume falls, which obviously shows that the shorts are weakening.
From the rising retracement level exceeding 100%, it has turned into a falling retracement level exceeding 100%, which is a signal of bullish strengthening.
The market has already given the answer, telling us that the shorts are weakening and the bulls are strengthening, but every time there is a callback, some people are worried about a big drop, so the method of analyzing the market is wrong, and the result is wrong.
From mid-April to now, in this month, every article has been analyzing the strength of the longs and shorts. As time goes by, the shorts have been weakening and the bulls have been strengthening. The articles have been tracking the market.
However, if you have not learned a trading system, you will not understand what I am talking about. Once you do not believe in technology and rules, no matter how much I say, it will be useless. Once the market falls back, you will think I am wrong, but I myself am very clear about what I see.
The high and low points of the Bitcoin are now rising, which is already an upward trend, and it has also broken through the downward trend line. In this case, many Bitcoin clubs are still letting their members wait for a big drop. I can only say "awesome".
Although Bitcoin has resumed its upward trend, it may not rise sharply immediately. It may fluctuate and accumulate slowly, but the trend is determined, which is enough. The trend is the most important thing for investment.
Only when the trend is determined can we formulate and implement strategies.
Determining the trend is only the first step. The next step is to screen the currencies. Where is the next hot spot? Which sectors of the currency will explode and start? After screening the currencies, the last step is to proceed. Each currency has a different trend, some are good and some are bad.
You don’t need to worry about these in Qiqi Club, because the trading system we have mastered can understand the market and track trends. At the same time, we also have a professional research department that has long screened out value potential currencies for layout.
As an investor with many years of experience in the cryptocurrency industry, I am very happy to share my investment experience and insights with you. If you are interested in the cryptocurrency industry but don’t know where to start, click on my avatar to find me. I will share with you for free. #BTC走势分析 $BTC