The hero is talking nonsense

For an ordinary person, from the moment he is born, his world is a world full of rules. In the trading world, no one constrains your behavior. No one sets a rule that you must trade at 10 am, and no one requires you to sell at 2 pm. All your actions are fully autonomous. Here you don’t need to be constrained by business rules, moral rules, or traffic rules…

So what is the difficulty? The difficulty is that the trader's trading behavior is not restricted by anyone or any rules. Here, please distinguish the narrow exchange rules and don't argue. When the behavior is not restricted, people lose the guiding role brought by the rules. The most difficult thing about trading is that there are no rules to restrict your buying and selling behavior. It can be completely random and subjective. The standards and rules are all made by you. This will make many people who grew up with rules become at a loss because they are used to following the rules. So to solve this difficulty, you must first understand that you should not be a blind follower of the rules, but a rule maker. This is what we often say about trading. You must have your own trading system. For each transaction, you must know why you buy and why you sell.

The recent market has been full of hot topics. From the beginning of January to now, various hot topics such as liquidity pledge, L2, AI, Hong Kong concept, etc. have been bombarded one after another, until CFX has accumulated a rise of more than ten times, and the market has been pushed to a climax. Everything that rises must fall. In addition, 25,000 has not been conquered for a long time. Yesterday, BTC followed the global stock market to fall, which also poured cold water on the short-term overheated market. Looking at the timeline in the long run, the expectation of ETH Shanghai upgrade has not been fulfilled, and the ARB chain is still hot, and there are a large number of high-quality projects waiting to be launched.

Market Analysis

BTC

The current stage is the retracement of Bitcoin after it has been attacking the annual line for a long time without breaking it. It cannot be directly concluded that the upward trend has ended. In the short term, Bitcoin's callback is likely to go to the daily MA30. Once MA30 obtains effective support, Bitcoin will continue to attack the annual line, and the medium-term bullish trend remains unchanged. Before the trend goes bad, there is no reason to be overly bearish. The current position of the daily MA30 is around 23200. Since the moving average is now in an upward stage, this position will continue to move up. Bitcoin may go out of a 4-hour range shock trend. Support: 23200 Pressure: 24500

ETH

Ethereum's secondary market performance is not very good at this stage, but the ecological development is extremely hot. ETH has not exploded, but the timing is not right. The K-line is still mainly linked to BTC, waiting for the shock to end.

ON

The heat of the L2 sector of the market has temporarily stopped, but there are still many stories to tell, and ZK and arb are waiting to be launched