Follow the trend, take advantage of it, build momentum, and take advantage of it. This sentence comes from "The Art of War" by Sun Tzu, and its general meaning is: when dealing with things, you must follow the trend, take advantage of the situation, create momentum, and take advantage of the momentum, so as to achieve the effect of getting twice the result with half the effort. It reflects the importance of taking advantage of the trend.
The market has gone out of a volatile downward trend during the day, with repeated highs and lows throughout the day, and inserting pins seems to be today's theme. The market reached a high of 73,300 and a low of below 69,000. In the evening, the bears reversed again and the market reached a low of 68,600. There was room for an increase of nearly 5,000 points during the day. Although our overall layout was focused on bulls during the day, in the early morning We also grasped this wave of decline in time. The short-term market gained more than 2,000 points of space, and the ether gained more than 100 points of space. During the day, the large-capacity market gained more than 2,000 points of space, and the ether gained more than 100 points of space. . It can be said to be a great victory. When the upward and downward pulls are so large, we cannot resist the pills forcefully. The head iron is useless, and resisting forcefully is useless. If you give up, you will get something. Don't lose the watermelon because of the sesame seeds. Following the trend is the simplest thing.
The pullback in the early morning seems to be a signal for a reversal of short positions. It is the first time that a negative K has appeared after the daily positive trend of the big pie for six consecutive times. After the continuous pull-up, the upward momentum of the price has weakened. After a dip in the evening, the bulls quickly recovered the space below. For the current retracement, we can treat it as a correction. Correction is a process of accumulating energy, effectively building a new support platform before launching a new rise. There is no bull that can only rise but not fall, and there is no short that can only fall but not rise. This retracement of the market is also to prepare the bulls for a subsequent surge higher. We still maintain our long thinking in the evening.
Bitcoin: 70400-70000 Directly long, target 74000
Ether: 3910-3900 direct more target attention 4100#热门话题 #cpi #xrp #BTC #WLD