Yesterday, #比特币 dipped to around 76000. Is this the bottom of this major correction? Many community members have asked me, and this is indeed a very interesting topic.
In the crypto world, everyone should have heard of Liang Xi. Yesterday's market allowed him to make a comeback, and I personally wasn't very surprised. First, he has sufficient trading talent; second, his skills are very mature, and he has his own trading strategy; third, he has experienced great ups and downs and has an exceptionally good mindset, which is a hurdle that many people cannot overcome.
The trading market is a very fair realm for ordinary people because you can completely rely on yourself to make money without needing any resources or connections. Many people say that the market is ruthlessly harvested by the big players, so where is the fairness? If the big players don't harvest the market, what is their purpose? Without liquidity, where does trading come from? Moreover, the big players harvest the weak hands; figuring out how not to be a weak hand is exactly what trading should be about.
Speaking of Bitcoin's upcoming market, yesterday's market can be considered a second bottom test in terms of the overall trend. Although around 73000 is a strong support level, it doesn't necessarily have to drop to this level. If market consensus is high and everyone is considering this position, it is normal for buying to begin at high levels.
For my part, I will continue with my previous trading strategy, focusing on a range of 80,000 to 90,000. As long as we stay within that range and a clear reversal signal does not appear, my trading approach remains to buy low and sell high. It's crucial to observe the market trends of support and resistance levels, as these are key points for the emergence of reversal signals.
Once again, I want to emphasize: trading should never be treated as gambling. Without Liang Xi's mindset, do not trade contracts with large funds; stick to spot trading. At this stage, selecting the right range is very suitable for grid trading. Use small funds to trade contracts, without emotional fluctuations, to gradually train your mindset.
Currently, I only share trading insights and suggestions through community channels and Binance Square. If you find this helpful, you can continue to follow the updated articles. I will publish any certain reversal signals as soon as they arise. $BTC $ETH $SOL
