The big pie has had a sudden rise, which is an unexpected surprise, and the expectations are objectively present; different judgments probably only depend on the timing.
What comes after this sudden rise? What should we do? I would like to share some personal thoughts:
1. Don't rush to short. At the beginning of this month, I repeatedly told myself and advised everyone: don't short, and now the wording has changed to 'don't rush.' The reason is simple: this wave of large institutions has accumulated chips, using the opportunity or even finding an excuse to suddenly rise. Overall, the current profit margin is likely not enough for them to cash out. The inertia and influence of a sudden rise are enormous; after one sudden rise, there will inevitably be several more.
2. In the short term, the big pie, when considering daily and weekly levels, may continue to rise after a brief pause, but looking at it hourly, there may be strong fluctuations. So, hold back and do not blindly chase the rise. It's not that it won't rise, but chasing the rise in short waves has a very flimsy basis and can easily get you shaken out. Those who enjoy risk can consider using a 24-hour and two-day period as a reference, waiting for a 2-4 hour level oversold pullback to enter moderately, with a clearly defined and strict stop-loss point (for the big pie, it would likely need to drop one or two points; for the imitation coins, it may need to fall at least five points before considering it, and stop-loss should be set at least 3-5 points below the low). Then wait to sell at a new high. Typically, this kind of position won't last more than a two-day cycle and shouldn't exceed two days.
3. The stronger the rise of the big pie, the more brutal the market will be afterward. One benchmark I personally observe is 118000-128000. If it enters this range, any operation will become extremely dangerous, with the potential for a final big surge or a minute-level reversal crash.
Those who can calmly observe the market this morning are basically those who have previously built positions and are sitting on the boat. At this time, what needs to be done is not to be confused by the market numbers but to gradually reduce positions to take profits according to one's own needs and goals. Those who haven't gotten on board really don't need to rush, nor should they counteract by shorting just to make their presence felt. The monthly and three-month charts indicate that the big pie objectively has a demand and space for a pullback. The market is still there, the chips are still there, so there will always be opportunities. Midway operations often result in losses that waste chips. Hold back, sell high, buy low; this is always the way to go.
What comes after this sudden rise? What should we do? I would like to share some personal thoughts:
1. Don't rush to short. At the beginning of this month, I repeatedly told myself and advised everyone: don't short, and now the wording has changed to 'don't rush.' The reason is simple: this wave of large institutions has accumulated chips, using the opportunity or even finding an excuse to suddenly rise. Overall, the current profit margin is likely not enough for them to cash out. The inertia and influence of a sudden rise are enormous; after one sudden rise, there will inevitably be several more.
2. In the short term, the big pie, when considering daily and weekly levels, may continue to rise after a brief pause, but looking at it hourly, there may be strong fluctuations. So, hold back and do not blindly chase the rise. It's not that it won't rise, but chasing the rise in short waves has a very flimsy basis and can easily get you shaken out. Those who enjoy risk can consider using a 24-hour and two-day period as a reference, waiting for a 2-4 hour level oversold pullback to enter moderately, with a clearly defined and strict stop-loss point (for the big pie, it would likely need to drop one or two points; for the imitation coins, it may need to fall at least five points before considering it, and stop-loss should be set at least 3-5 points below the low). Then wait to sell at a new high. Typically, this kind of position won't last more than a two-day cycle and shouldn't exceed two days.
3. The stronger the rise of the big pie, the more brutal the market will be afterward. One benchmark I personally observe is 118000-128000. If it enters this range, any operation will become extremely dangerous, with the potential for a final big surge or a minute-level reversal crash.
Those who can calmly observe the market this morning are basically those who have previously built positions and are sitting on the boat. At this time, what needs to be done is not to be confused by the market numbers but to gradually reduce positions to take profits according to one's own needs and goals. Those who haven't gotten on board really don't need to rush, nor should they counteract by shorting just to make their presence felt. The monthly and three-month charts indicate that the big pie objectively has a demand and space for a pullback. The market is still there, the chips are still there, so there will always be opportunities. Midway operations often result in losses that waste chips. Hold back, sell high, buy low; this is always the way to go.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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