About the market

It is still falling continuously. Today, looking at it, many mainstream coins have once again hit the range at the bottom of the daily line. As long as they are still within the bottom and top range I shared earlier, it is called sideways consolidation.

Human nature is often like this: when they want to sell, they are reluctant to do so, and when the market falls, they are scared and dare not buy. When the market dips significantly, if it rebounds, it will be over. However, during sideways consolidation, when new lows are repeatedly created, they can't hold on and end up breaking down, wanting to cut losses and leave.

Therefore, Powell's usual approach is basically to use a dull knife to slowly clear you out, using time to torment and repair.

Trump is different; he prefers quick decisions, creating a large-scale panic or a significant benefit to complete a round of bull and bear in a short time.

Still, the same viewpoint: if you haven't reduced your positions at the top of the daily line range, wait to reduce again after re-entering the range.

For those who want to trade in waves, build positions at the bottom range, with a profit space of about 20%+

If you already have 5-6 layers of positions, wait at the third position, for example, in the range of Ethereum 3000-3400, this position's profit space can reach about 40%~50%

For reference only

Stop loss range 10%~20%, and the risk-reward ratio will be very good. #美联储降息