#BTC #ETH BTC fell below 51,000 and made a V-shaped reversal in 15 minutes. Was it a false drop that broke the contract, or is the trend about to change?

I have been saying here for a few days that the market may be bearish. Friends who have not kept up with the rhythm can read my previous posts.

I didn’t update the post yesterday because the market didn’t have a big trend. Then we continued what we said the day before yesterday. The day before yesterday, I mentioned that people who have long orders should pay attention to 51300. The day before yesterday, I also asked everyone in the post to take profits if they have long orders. Then as expected, yesterday At night, it directly broke through 51300. After this place broke, a small reversal formed. I marked the red line in the picture, which is the stop loss point we planned before.

I said that when taking profit, it is up to you, and when stopping loss, you must be strict!

I marked this place with a yellow line on the support price I marked yesterday. The 51,300 level was directly broken and there was no effective rebound, so this position became invalid. Therefore, if we place orders in the near future, we will mainly focus on the idea of ​​short orders.

And for those of you who can’t keep up, you can check out my two previous posts. I’ve always mentioned asking everyone to take profits and reduce their positions. I wonder if anyone has done it.

Operation idea: (The one-hour time period is used as the analysis here. Please analyze according to the actual situation and pay attention to timeliness)

The suggestion is that you can open short orders at 51500, and add short positions at 52000, and then pay attention to the sub-level time period. If he increases the volume to break through the previous high, then you need to make a stop loss.

If you look down, you will see the support around 50800 that was hit yesterday, and pay attention to whether this support is effective. If it falls directly below, don't panic, it will most likely go to 5W.

Let me tell you, if 50,000 cannot be sustained, then the entire market will be short, and short orders can be safely increased. Of course, if the volume in this place exceeds the previous high, then we can still pursue the long position. But I think the possibility is unlikely. Looking at the overall volume and price, it is a failure of power from many parties! !

This is for reference only and does not serve as any investment advice. Please make your own decision before placing an order.