First, let’s look at the chart

The amplitude of a single K-line is 12.58%

99% of people should be liquidated by this needle

Then let me talk about my own logic

1. Look at my process of judging the top

The empirical issue here is basically to judge whether there will be a top or a shock.

Multiple upward pushes yielded no results, typical efforts are ineffective

It can be basically judged here that there is no way to rise again

Then zoom in on the cycle and see what opportunities K-line gives you.

This is in line with my simple and easy rectangular trading principle.

Basically, the market will enter the market after the breakout.

This is BTC

Let’s look at ETH card

With these three lines, anyone with some technical knowledge can also tell where the trading point is.

At the same time, it can be seen that ETH is much weaker than BTC.

OKK, the above are the problems on the chart

2. Let’s take a look at the reasons:

01. The Nasdaq has peaked, and the slowdown will bring the cryptocurrency world down

In fact, don’t take the cryptocurrency world too seriously. It’s just a big tech stock. That’s all.

So it is normal to follow NAS

02. It’s time to liquidate long positions

After several big rises and a pullback to pick up people, I have accumulated enough profit.

The liquidation started

When you do it for a long time, you will find that these things are linked together.

03. Actual data support:

Check out the statistics of my favorite community

Let me interpret the content, four pictures

The BTC-ETH liquidation charts for 12 hours and 10,000 hours respectively

As can be seen

Basically, BTC bulls are all GG, ETH is still a little

On the weekly chart, below: BTC-23.8K ETH-1480 is the next liquidation point

As shown

So it's clear

So what remains is to wait for another round of decline after repairing yesterday's explosive trend.

Of course it's awesome, then I'm just trash.

Judgment and transaction are two different things

Take BLZ as an example:

At this point, my sister asked me if I could continue to hold the short position

My reply was:

Then today's highest futures price is 0.13

The price of the subsequent refinement process was also optimized to 0.129

so

Stay in the market longer

You don't think it's a big deal

What you can do is to anticipate in advance

Set up stop loss and take profit

All that's left is waiting