2023/10/13, 20:32, "Why do you still dare to chase after the top of 30,000?" 》

Yesterday, my long order of 29,900 scared away half of my brothers and jumped out of the market. I am still covering my position. Most people are shorting on highs. Why would I identify a breakthrough?

(1) The most direct answer is that the main bulls have not wavered. They do not care about the 30,000 price level at all. The short selling in the market comes from the panic of retail investors.

(2) Pay attention to the ratio of the number of people long and short in the market, and the ratio of large investors' positions. You can see that at the top of 30,000, the number of people ratio dropped sharply, but the ratio of large investors' positions did not fluctuate much. The main force is still holding, and we must learn to stand with the big funds. .

(3) From the perspective of buying analysis, an important bull entry range is 28000-29400, and bulls will steadily accumulate funds during the short-selling process.

Provide upper support to ensure the safety of chips.

(4) A point that has been repeated countless times. In the bull market, only look at the support and ignore the resistance. Breakthroughs are all counter-indicator price behavior. If you think too hard, you will lose miserably. I believe in the 28/20 rule.