The big drop came as expected. This is not called a painting gate, but Yin Yang Optimus Prime.
After two weeks of flat market, the market finally ushered in a big fluctuation.
BTC followed gold to rise against the trend tonight, from 87500 to around 88400. It is very regrettable that the friends who placed orders to cover their positions did not cover them here, and those who covered them manually covered them.
All the previous articles in the square have emphasized that after the market reached above 85000, the cost-effectiveness, profit and loss ratio, and the feeling of holding positions are not as good as those of short orders.
Friends who followed us all the way from 75800 to long, don’t have to worry about not getting the last 2000 points. It’s delicious to eat only the head and body of a fish. (The trend is growing, but it has been two weeks and I neglected it.)
The day before yesterday, Sol gave a strategy of entering the market at 141.65 and focusing on shorting around 144.95. The highest has only reached 143.25, so there should be no chance to enter the market.
ETH performed the worst in this round of pull-up. It did not even reach the previous high of 1690. I told my friends to sell above 1630. This time we agreed to hold it.
Next, for BTC orders, focus on the reaction of 88000. If it cannot break through effectively, the daily market trend will still be down. The market will only rebound without reversal. Then the lower 84000 and 81000 are both stop-profit positions. Keep the bottom position, we can get lower.
Sol, although it is strong when it is sideways, its performance in the past two days has been very poor. It follows the decline but not the rise. 130, 124, and 113 below are several important stop-profit positions, and it may also be lower.
When placing orders, you should know where the market is going and why it is going this way. You will not be anxious naturally if you advance and retreat in moderation.
Follow me, please continue to follow me. All subsequent market analysis and point layout will be updated every day.