Early Morning Thoughts and Thursday (Minor Section)

Give yourself time to pour a cup of tea; as the tea leaves float and sink, you have learned the lightness of starting over. A true warrior is not one who never falls but one who knows when to gracefully turn around after falling. Looking back at yesterday's big pie market, overall, it crossed the mountain peak and went down the river. In the early morning, it stretched from the line of 120890 to the morning high point of 124545, then faced resistance and continued to fall to around the line of 117339, where it stopped dropping. Currently, it is moving back and forth around the line of 117836. Old Zhao maintained an orange long position strategy yesterday, with three positions in big pie and ether. It can be said to be two wins out of three matches, with the big pie gaining 3825 space points and losing 883 space points, while the second pie gained 131 space points and lost 75 space points. Fortunately, the losses were stopped in time; otherwise, it would have been a deeper entanglement. Failure is not scary; what is scary is not having the courage to start over.

Returning to the market, the larger timeframe shows that after a rise, the market has retreated, running below the middle track of the Bollinger Bands, just one step away from the lower track. A four consecutive bearish candle indicates a clear downward trend, with short-term bearish forces dominating. The MACD dual lines have formed a death cross, and the cryptocurrency price is likely to continue to decline in the short term. The hourly timeframe shows that the Bollinger Bands are expanding, and the cryptocurrency price is moving down along the lower track, with only a minor rebound that seems insignificant, indicating intensified short-term volatility and a clear weakness. Old Zhao's strategy for early Friday can continue to focus on bearish trends.

Short big pie near 118000 to 117500, target 116000

Short second pie near 4540 to 4500, target looking at 4450#比特币 #以太坊 #比特币超话