Share a small technical experience "Avoid unnecessary losses"

In fact, multiple resonances in the fundamentals, strong market sentiment, and the appearance of false signals in the market mean that one cannot short without objective reasons.

For example, at this position of ETH on July 15th,

The Bollinger Bands broke below the middle line, and MACD is also declining (MACD has serious lag, no need to mention this).

The break of the Bollinger Bands below the middle line creates a perception to look for a short on the pullback.

However, this dense area has not been broken, so the lower edge of this range provides support. If you short without it breaking, you are just cannon fodder. Even if you bet correctly, the risk is too high; the objective fact is that it hasn't broken.

In conditions of positive sentiment and fundamentals, do not pay too much attention to candlesticks and indicators. Focus more on whether the quotes have broken or not. The earliest quoting method in the stock market is to take the long position at the bottom of the box, with very small stop losses. If it sweeps and pulls back, just come back again. Otherwise, in a good market, if you are unwilling to bear this small stop loss, how can you expect to make big profits?