Market risk
I haven't posted for a long time. The last time I posted, Bitcoin was still at 51. The following is a structure that was predicted. The five-wave structure from 15 to 73 ends here.
We are still in a bull market, but the current wave is over. The bull market has gone 20%. The last two rounds of bulls were Super One and Super Three. Bitcoin is now in Super Five. The first wave in this super five-wave structure has ended. There are still three and five behind, but not right after now. Adjustment takes time. Clear the position at the top early, otherwise the subsequent fluctuations will not be able to withstand (for high-leverage contract players). The target position of adjustment is the starting point, which is the 385 basic position (it may not stop here).
Okay, leaving aside the technical side, from a macroeconomic perspective, Bitcoin will not have a new high in the short term, and it does not support another rise. The current market is different from the past. There is no money in the market, and the sectors rotate back and forth. The US regulation is becoming more and more stringent for most of the altcoins (air coins).
So what should I do next? Be patient and wait for the bottom. Don't just do a small rebound now. When the bottom of the big cake appears, the bottom of the copycat will also come. Find some high-quality background hard, don't copy now. In this situation, I can only say that those who copy the bottom are really brave.
Well, the high point of the rebound is coming. I don't need to tell you how to operate. Now I will think that you have a long order of 15,000, which is awesome, because you have a clear view of the market. A few months later, I will think that you have a short order at the top and it is awesome. Most people are late to realize it.
