I personally think that those with good skills can go long in the short term, but it is safer to go short. When it falls below the limit, everyone is afraid to buy, fearing that there will be more market crashes. So go long directly.
The weekly and monthly lines have both reached the bottom! This time, the bottom is likely to be deeper than in the past (the previous four declines). Why did the Fed's major positive news still lead to a sharp drop? If the real economy is not looking good, investment tendencies will change. The U.S. stock market opened down, which is very different from the A-share market opening of +200, indicating that the sentiment has really been digested.
Brothers, this time the weekly level of the U.S. stock market is a bottom, and the monthly level is also a bottom. You also know that the cryptocurrency market has been digesting market sentiment. I really can’t predict how much it will fall. If it can’t pull up later, it will directly fall into a waterfall.
I stared at the picture several times, and the cryptocurrency world is really a follower of the U.S. stock market! I am new to the cryptocurrency world, and others laugh at people who hold this view, so I didn’t believe it at first.