#Market Trends

At the end of the large-scale triangle oscillation of BTC, the market changes upward, breaks through and steps back, and then goes up again. Looking at the chart, the transaction is definitely long. This is an effective breakthrough, and the breakthrough and step back are confirmed to be effective.

Why is there no rise in the market after the breakthrough and step back? Because the price in the currency circle basically rises first, and the volume follows later. As shown in the figure below, the position of Binance contract was 79,700 yesterday, and the position is now 84,000. The obvious position has been enlarged, indicating that the market continues to be bullish.

However, this kind of triangular oscillation will not be a small fluctuation. We need to have a strategy to deal with it to prevent unexpected market conditions.

If the market abnormally falls below the 68888 position, remember that you must stop loss. In this trend, stop loss directly when the price falls below. Don't hesitate, because the space below is too large. You can earn more currency base by buying the bottom at any time.

If you continue to go up, just chase the point that breaks through the boss.

The above two coping strategies are operation suggestions within 3 days.

*****Five-star warning: Pay close attention to the US stock market on Monday. If the US stock market does not rise at the opening, but falls, it is recommended to clear all your positions and keep short positions and wait and see.

It is recommended to pay attention to #zeta1.65, #magic1.05, #xrp0.61, #ondo0.8, which are considered to be relatively strong. You can temporarily place orders and pay attention to them, and wait for the market to break through the boss point.