Today is March 21st. The BTC price is 67191. Yesterday, we saw a 10% rebound in the market. Stronger altcoins rebounded by more than 30%. It is not pure to go short. The bottom will tell you to open a 60% position. I have also taught you the principles and methods of bargain hunting. Instead of spending time on porn and reading gossip, it is better to learn something real. It is somewhat unnatural to produce and sell by yourself, isn't it?
In the article the day before yesterday, we talked about the "yin can only last three days, and the handsome can not last two yang" in the falling market. After yesterday's big positive line, we saw that the market is currently in a sideways state, so it has reached a critical moment. The difference between a rebound and a reversal is A rebound is just a temporary recovery after an oversold situation, while a reversal is a sustainable rise in the market from falling to rising. You need to understand this. So is the current market situation a reversal? Can I enter the market with full position? The midline level is already on the bullish side. The day before yesterday we informed that 60% will be entered, and the remaining 40% is best to rebound or break through to chase the increase, so we will wait and see tomorrow.
Return to the board
1. Yesterday's rise in BTC and altcoins was completely expected, because the altcoins had already oversold. Yesterday, I told everyone to buy more as they fell. This is why. What is oversold? Even if it goes beyond the conventional falling method and exceeds the falling range of technical adjustment, it will be corrected and rebounded.
2. After the market rebounded from oversold, the BTC price was stuck between the daily 5-day moving average and the downward 10 moving average. The two directions are inconsistent, so here is nothing more than a step back or consolidation for two days, and the mid-line market is still In the long position, in the morning, the contract group/short-term group prompts the long orders to take profits automatically, and the spot 40-60% can be continued to be held in the middle line.
3. Observe POLYX, the gainer list. HIFI has performed well. In the short term, you can pay attention to coins that have small gains in the early stage and have just fallen back to the daily MA30, such as PEPE, which immediately rebounded by 30% after the daily line stepped back to MA30. Similar currencies such as APRA and LRC, etc. Etc. Some suggestions are that the leaders of the AI track and MEME track, including SOL, are actually opportunities to give away money during callbacks. It has been emphasized many times that if you feel that the increase is not big enough, you can add some leverage. At least their rebound is inevitable and stable.
4. I actually don’t like posting what I’ve posted, as it makes people feel pretentious and uncomfortable; but you really don’t pay attention to the key content.