Evening Insight:
Hope is the most terrifying thing for those caught in a position. "If I wait for a pullback to lose less, I will sell." People are certainly greedy; aren't you driven by this kind of thought when you are stuck? Moreover, it will accompany you on your path to destruction!
What I want to say is that hope should be healthy, not tormenting. The pullback strength during a trend cannot compensate for the losses caused by your tormenting emotions. Imagine this: during the upward process, I made a profit. Every day I saw the candlestick chart rising higher and higher; the trend was healthy and the prospects were great. Every day when it broke through and rose, and my position was in floating profit instead of falling, that is what supports you to continue holding, and that is called hope. It is not about living in fear and torment every day, worrying and waiting for the hope of a pullback to come.
Back to the market, Ethereum is easily suppressed near 2700, and a very strong selling pressure appeared at midnight, but it was still bought up by the bulls. This can easily cause upward exhaustion, and the pressure is still there. So we need to look further; after Ethereum breaks through 2680-2700, we can consider going long. You should also reduce your positions here, or even look at shorting. Just set your stop loss at 2750.
There’s not much to say about Bitcoin; we are just a thousand points away from our target, which is indeed a pity. Seeing the one-hour retracement quickly recovered, I choose to continue holding my long position of 110,000 as a strong point, looking up to 113,000-116,000.
Today is a good day, right? The price of Bitcoin has broken through the entity, and is very close to 110,000. It cannot be denied that the daily candlestick chart is still strong; there is no reversal signal yet, so I have no reason to be bearish. #比特币突破11万美元 #特朗普晚宴
