History always has striking similarities. Do you remember the crash in early August last year? Within a week, Bitcoin plummeted by over 20,000 points, and currently, the market has also dropped by over 20,000 points. Do you feel the bull market is still here? Of course it is; we just need to wait for interest rate cuts, and the market will rise again.
Of course, 85-78 is an important range, and there will likely be a prolonged process of repeated washing within this range. As for why there has been no favorable news for so long, I personally feel that retail investors still hold too many chips, which is not conducive for institutions to release favorable news to drive the market up. After all, the news serves them.
Yesterday, there were three positions regarding the pancake to pay attention to: 83915, 82850, 80500
For the first two positions, a small stop-loss trial long position, while 80500 can enter long with a relatively larger stop-loss
Now, the 80500 position is a perfect entry. Currently around 82500, gaining about 2000 points. Even if you had losses on the first two positions, the gains from the 80500 position are more than enough to recover the losses from the first two positions, plus an additional 1000 points of profit
It all depends on whether you followed what Yuzu said.
In the short term, if 83915 approaches, you can try a small long position with a stop loss of 200-300 points
At the same time, if it reaches 82850, you can also enter a small long position with a stop loss of 315 points
If it really reaches 80500, you can enter in batches for long positions between 80500-79800, with a stop loss near 79400. When it gets close to 8, you can consider entering with a slightly larger stop loss.
Now you can only make money quietly, because as soon as you shout, he will target you like he's watching you, hitting your losses accurately, then recovering.
The pancake and the expectations are still not very different. 92700 has directly retraced to the current position of 85700, with a fluctuation of 7000 points.
If we managed to catch this wave, it should be quite good. The somewhat pessimistic view is that the current altcoins are collectively sluggish. Even some coins that have surged are only temporarily boosted due to speculation.
Therefore, our current strategy is to ambush popular altcoins at the bottom and enter the market with spot trading, while aiming for short-term contracts with small profits.
Try to strengthen ourselves as much as possible before the market completes its accumulation; only with more bullets can we have the possibility to take off.
MF红柚
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#BTC走势分析
The pancake has broken through 9 again, and we should pay attention to three short-term positions
Above around 91500, around 92700, and around 94300
If it reaches these levels, we can try to enter short positions with a small stop loss, as the calls have been quite volatile in the upward movement; pay close attention to real-time changes.
Yuzu spot trading hub exquisite single ENA, 0.35 layout, currently 0.44, an increase of 25%, the market is weakening, decisively take profits and exit, waiting for the next entry opportunity
The so-called summit did not bring any positive news or benefits to the market, failing to meet market expectations, which led to a decline in the overall market instead of a rise! Think about it, what else can be hyped? In the short term, it is still a mild consolidation; it is recommended to focus on short-term operations, and for spot layout, it is best to focus on popular coins and those with higher market capitalization.