3.31 Idea Sharing
Yesterday's trading strategy entry point was perfect. The long-term trend is down, and the rebound is the entry point. The big coin started to gain momentum this morning, and on the 15-minute chart, we can see it has begun a rally of about a thousand points in three rounds. Although it eventually retraced, compared to the sharp drop in the previous days, this is a positive signal for the bulls. Personally, I believe the big coin has not reached its bottom; perhaps this round of rebound will approach around 83,000, but I think there will be a deep washout and a downturn to test around 80,000 before seeing a larger rebound.
Yesterday, I mentioned that Auntie may only have one last drop left in the short term. Over the past two days, Auntie's four-hour chart has shown downward spikes followed by recoveries, indicating signs of a stop in the decline.
However, the most important news to pay attention to is the impact of the tariff war from the United States on April 2. In a turbulent situation, money is more likely to choose a more stable market, such as globally recognized gold. Whether it is cryptocurrency or the Nasdaq, capital outflows lead to only one consequence: a crash.
