$BTC
87750-88500 This interval has been tested at both positions
At eight o'clock, 87750 is under pressure and shows a short pattern
It couldn't drop further and bounced back to around 88500
At eight o'clock, went long at 87300, with a stop loss set at 87777, and it bounced back to 88418.2
87750 is under pressure with a bearish close, 88418.2 spiked up, but there was no long wick or bearish close here, the strength actually decreased
However, the K line from 12 to 4 also didn't close, many people went short at eight o'clock, with an average price around 87000, just tested 88500 here, so logically 88500 will also face downward pressure and will fall recently, the two resistance levels are 87750 and 88500
Theoretically, the maximum spike upwards is also 88500, but it absolutely cannot exceed 89000, so if you went short around 87000 to try it out, do not want to exit, set the stop loss at 89000
88418.2 might also be the theoretical highest point
If it breaks through here in the future, then I will reflect on whether there is still any meaning in shorting here?
Do I really need to get entangled in the daily line not reaching a bearish line with volume? If the bearish line really has volume and drops down to 100,000, then what is the meaning of that?
So without any positions at 92650, finally putting up a short position with a stop loss at 95000, theoretically, the last resistance point is also the strongest resistance point, the theoretical point of reversal with bearish volume
So that's it, perhaps you have seen me but didn't pay attention, or you have heard my live broadcast but didn't understand
But everything I say starts from the point of theory and technical indicators, if I am wrong, it is definitely not because I don't know how to use indicators or can't understand the market, but because this market itself has serious problems. The market is random, no one can perfectly manipulate the market, we can only catch shadows. I just hope to share with everyone what I realize and think while chasing the trend.