Bitcoin rebound is under pressure, investors need to correct their mentality
Today, in the WeChat group of a certain project party, I saw someone promoting the announcement that the project’s tokens will be launched on the top exchange. The screenshot is obviously PS. Just go to the official website to check it to know whether it is true or not, but some people still choose to believe it. I feel that there are no waves without wind, and I will wait and see.
Although this is a small daily clip of a WeChat group, it is horrifying to think about it carefully, because similar things have happened in many project communities. Once false news spreads through PS pictures, many people believe it is true, and then frantically follow it. rise. What is reflected behind this isThe mentality of retail investors in the currency circlefirst,
first,"Chasing up and down". This is the daily operation of most retail investors.Because of FOMO sentiment, fear of missing opportunities and choose to blindly chase ups and downs, which is actually the root cause of many people's losses.Secondly,
Secondly,lack of logical thinking. There is a lot of "god logic" in the digital currency market. A lot of logic, after careful scrutiny, has no internal causal relationship, but is artificially imposed, but after promotion and diffusion, there will be an audience market. Like the old saying: "Tell a lie a hundred times and it becomes the truth".again,
again,lazy psychologyat last,
at last,gambler mentalityeverybody knows,
everybody knows,The financial market is the same source of profit and loss, it is impossible for everyone to make money, and it is undoubtedly a dream to make a lot of money in the financial field without working hard to improve your ability to think independently. In the currency circle, an immature market that lacks supervision, funds are nakedly chasing profit, there is no fairness and justice, and there are only endless tricks and means of dealers, just to defraud your principal in your pocket.
Operation suggestion:
Operation suggestion:
BTC: The daily level is still around the MA120 daily moving average. In the case of lack of energy, it has not fully stabilized. There is a possibility of repetition. The overall weekly and monthly lines are still bearish. Investors need to be cautious.
At the hourly line level, BTC rebounded slightly in the morning within a few days, and came to the previous pressure range of 9800-10300 US dollars. Judging from the market, the bulls have a slight advantage, and the bottom is likely to gradually rise, but the volume is still weak, and the rebound trend is not stable. Once the bears are suppressed, the market may fall again. The short-term trend is still oscillating, the support is at 9,500 and 9,300 US dollars, and the upper pressure is 9,800 and 10,000 US dollars. The short-term is mainly to buy low and sell high, and the position should not be too heavy.
ETH: The rebound volume is weak, and the magnitude is lower than yesterday's height. The trend will continue to fluctuate in the short term, and the range of 160-180 US dollars will be consolidated. A signal of volume energy is urgently needed to break the pressure range.
LTC: Keeping pace with the big pie, a short-term weak rebound, but the height is limited, 70 US dollars is the short-term pressure range, and it is difficult to break through without the cooperation of volume and energy.
BCH: Short-term shrinkage arrangement, the range is 270-285 US dollars, and the upper pressure is 300 US dollars. It needs to wait for the market trend to be clear before the market will follow the trend.
EOS: The market continues to be weakly organized, with a wave of downsizing in the early morning of this morning, reflecting the competition in the futures market, and it is difficult for the spot market to make major changes.
XRP: The daily line is in a downward trend, with short-term support at $0.2. Recently, Ripple once again released 1 billion XRP from the escrow wallet, which put some pressure on the market. The project party has been selling more than once, and the disk is hardly optimistic, so it is not recommended to operate.
TRX: The recent trend is relatively weak, and the trend will be sorted out in the small range of 0.015-0.0158 US dollars, mainly on the sidelines.
Platform currency: The overall trend continues to be sluggish, and the currency price is facing a certain selling pressure. It is difficult to have a big market in the short term, so wait and see.
Risk warning: Investing in digital currency is a high-risk investment behavior. The content of this article is for reference only and does not constitute investment trading advice. Investors are requested to invest rationally: investment is risky, and caution is required when entering the market.
Risk warning: Investing in digital currency is a high-risk investment behavior. The content of this article is for reference only and does not constitute investment trading advice. Investors are requested to invest rationally: investment is risky, and caution is required when entering the market.
