Tomorrow at 8 AM, I will continue to enter the market to look for opportunities to open positions.
Do not enter the market with a general mindset. After such a significant drop, many people are trying to catch the bottom; the more it is at this time, the less one should enter to catch the bottom or go long, otherwise, it will be like being halfway up the mountain. At least after a drop of 4000 to 5000 points, the market panic will allow attempts to go long (after market panic, it is highly likely that large players will enter to catch the bottom and continue to drop for several days to resistance or panic levels, with a high probability of a rebound). At that time, it is very likely to have a V-shaped reversal. What we are betting on is probability. Facts have confirmed my speculation.
Today's market is the same as what I mentioned in my article at 8 AM, yesterday $BTC
The closing was 80000, and it continued to drop in the latter half of the night, so we first open a short and drop around 4000 to 5000 (based on personal judgment) if it can't go lower, then close the position and look for a long. (The reason is above)
The second pancake and the large pancake are not much different, the same rebound point.