To be honest, this bull market has reached its peak in an obscure way, but it is actually the same as before, and there are traces to follow. The 120-day line is an important indicator of bulls and bears. When it falls below the 120-day line, you should give up your fantasy.

However, because this wave was broken without volume, and there was no major change in the market at that time, I was still careless. If you clear the position after breaking the 120-day line, you can actually recover a lot of losses. Always remember that timely stop loss is a disguised stop profit, and it is impossible to make money all the time when trading.

After talking so much nonsense, let's talk about the subsequent market outlook. If you refer to the last bull market, now is a deep correction in the middle and late stages of the bull market. If you wash it here, there is a high probability that there will be another wave of opportunities to hit new highs in the future, and the target price may be around 100,000.

From a technical perspective, since the main force has chosen to break the new high of the last bull market, it is impossible not to reach a new high again. Only when there is another new high can it be shipped and everyone can be trapped at a new high. This is the normal trading logic.

Judging from the news, the United States is likely to cut interest rates in September. The positive release of the US interest rate cut will bring a lot of liquidity to the currency circle, and it will definitely break a new high.

What everyone needs to do now is to adjust their mentality, try not to mess around, don't play contracts, wait for the adjustment to end, cover positions, and then bet on the last big market, and then clear positions.

I think there is a 90% probability that there will be a new high opportunity, but after the new high, everyone must not fome but run for their lives. The big cycle of the currency circle will not change, and it will not be sold, and it will always lose money.

The big cycle of the currency circle will not change, and it will not be sold, and it will always lose money.