Market Highlights:
I often say one thing: when doing things, one must not lose their footing. I have always adhered to this well, but yesterday I truly lost my footing. In fact, the domestic market on the 20th is like the beautiful country on the 19th. The big coin's trend, aside from going straight up and down, is generally in line with expectations. Reviewing the market highlights from the 19th [which I didn't write yesterday]: "It's best to finish the movement above 1052; if you have the ability, breaking above 1084 is a normal limit for selling." The market on the 20th completed this, ultimately reaching point [2] 1092, 11020. It surged in one go. I didn't chase the big coin at that time because I was writing something. I used a strategy of operating with Trump’s mindset for short positions, placing orders separately with 1% + 1% + 1%. After stopping out of 2 short positions in Ethereum yesterday, I didn't take on more to avoid missing some points due to a sudden rise. In the evening, I took a short at 3390, and closed positions at 3268 and 3225 to calm my emotions from the day. The market in the last two days has been as unpredictable as Trump himself, going straight up and down. Based on the characteristics of this businessman, the general direction for digital currency is favorable, and this advantage should be calculated over months. Trump's inauguration ceremony will continue until the 21st. What’s strange this round is that the issuance of U is only seen, while the transfer is not; yesterday the big coin rose actually saw a transfer of 25 million, but a total of 200 million was issued yesterday.
The market is currently tentatively returning to calm.
Currently, the 32-hour rebound of the big coin has not completely ended structurally; it has only reached the 2+3 hour internal 1 hour, and the 5 minutes have formed a bottom.
The 32-hour rebound trend short position will provide opportunities.
1-hour rebound is ongoing.
10-15 minutes retracement [invisible or insufficient momentum] has formed.
Ethereum is a disappointing asset; looking at the structure of 2+3 days, it still has an upward movement that hasn't been completed. Holding the spot isn't a big issue, but one must be able to withstand the level of adjustments within the daily line.
Major level: focus on the 2+3 day rebound [which will provide rational short position entry points].
The 4+6 hour rebound, first forming a bottom then a rebound.
3-hour retracement into a bottom.
1-hour [currently close to a waste state] rebound short.
Currently, we are observing the 5 minutes within the 15 minutes. I didn't have time to take the short on the short term, just took the long near the previous low of the 5-15 minute retracement. #比特币走势分析 #Trump's inauguration
