Mainstream currencies soared and fell sharply, Bitcoin pomelo ushered in a wash-style adjustment
BTC (Bitcoin): The coming of the long-short market trend and the conversion are always too sudden. When many leeks are unable to grasp or get stuck in it, they always complain that the market is too difficult to grasp or the risk is too high. These factors are not even mentioned. Regardless of whether you are a veteran or a novice in the currency circle, you cannot completely win every market. Believe it or not, I will not believe it anyway. Even if you participate in it every time, there will always be moments of failure. In the next day's market, the long-short gap in the weak adjustment is serious, but who can have the last laugh? The operation was as fierce as a tiger, and the ups and downs all depended on Trump. The next day, the article also said that Trump set off a global storm again and triggered risk aversion, but the risk aversion market the next day was not as timely as expected, and the early trading showed a wave of rapid recovery. Withdrawal, the bears were teetering and approached the $7,000 mark again. However, in the European and American stages, BTC was strongly pulled up by nearly 700 points in the short-term by the main control panel. It continued to this morning and the market reversed and dived again. For such an unstable market, how do you control it? Those who are bullish may make a profit, but those who are chasing the rise don’t know what’s going on. The sharp drop you think is a breakout is actually a trap, but the sharp rise you think is the start of the bulls is actually a trap Many, it is not difficult for the market to go up and down, what is difficult is your unstable mentality.
BTC rose sharply and fell sharply. The daily trend has already emphasized a negative period. The inflow and outflow of main funds is the key to the short-term pancake trend, which is what we usually call a wash. The saddest thing is retail leeks, especially for those novices. The daily BTC receives a long upper shadow line, implying that the upper resistance is strong. After all, this week’s market has fallen from last week’s rebound area of 7500-7800 US dollars to 7000-7500 US dollars, and the 7000-7500 US dollars range is also in this period. As mentioned in Zhou, although there was a breakthrough at the top the next day, the rally did not hold. On the contrary, it closed below $7,300 and closed at $7,164. The short-term ups and downs returned to the original point, and the short-term weakness continued to spread. BOLL is in an open state. In the short term, continue to focus on the resistance around $7,500 at the top, and the support at the $7,000 mark below. With the finishing of this stage, the lower space extends to the lower track of BOLL at $6,570. If you want to break the downside space The first support is the $7,000 mark. At present, the market is trading in the area of 7226 US dollars. The momentum of consolidation is still running, and the major technical indicators in the short cycle are easing. The momentum of MACD in the attached picture is neutral. It is expected that BTC will continue to maintain a volatile trend.
In the short term, after BTC's sharp rise and fall, the technical form has been destroyed. It is currently below the middle track of BOLL and maintained for repair. The support resistance of the upper and lower tracks of BOLL is between 7000-7500 US dollars. It is still optimistic about the adjustment within the day. With the rebound momentum Weakening, the focus below is on the support of the $7,000 mark. If you continue to operate in the range, you can maintain the main and auxiliary short positions in operation. If it breaks down, you need to judge whether to chase the short position according to the real-time market. Real-time market analysis and firm entry and exit point guidance can be exchanged and discussed with Mr. Tan .
Short-term upper resistance level: 7500/7700 Short-term lower support level: 7000/6800
BTC (Bitcoin) real-time operation suggestion: short above 7350 for the first rebound, stop loss at 7500, target near 7150;
EOS, ETH (Grapefruit, Ethereum): EOS was not in danger. It fell below 2.6 and touched 2.57 after a wave of dips. Driven by the surge of BTC, it rose to the line of 2.77. In the early trading, it fell under pressure as BTC plummeted , Currently in the 2.65 area to maintain consolidation. The change in the long-short trend, the good risk put EOS in a strong short position, closing at the 2.63 line, which temporarily eased the short position. The daily line also follows BTC, and the short-term is also accompanied by signs of rebound, but it seems that the momentum of the rebound in the Asian market is not strong, and it is still under pressure. In the short term, focus on the resistance of the upper and lower rails of BOLL in the range of 2.57-2.73 , In terms of operation, it is possible to maintain the main long, the auxiliary short thinking, the adjustment of the weak range, not to chase the rise and kill the fall, and the key is to be safe. ETH's ups and downs are relatively stable, and we continue to be optimistic about the range of 140-150 US dollars.
EOS (grapefruit) real-time operation suggestion: rebound around 2.73 and go short, stop loss at 2.79, target around 2.6;
(Text/Talk about Yu Kai)
The rapid switch between long and short always catches people off guard, and the change of direction is often only in that moment. How many people risked becoming cannon fodder in the market. Every transaction is the result of the long-short struggle in the heart. Before entering the market, the long-short seems to be justified. It’s just that everyone looks at the problem from a different angle. The reason for deciding the direction of your entry needs to be first Convince yourself that the first consideration before entering the market should be the risk you can bear rather than the profit. Once the key point is lost, you need the courage to leave the market decisively and cut the loss! Can accept the loss to enjoy the profit! The mentality on this road is very important. Failure is not terrible. What is terrible is that you are unwilling to sum up. If you are always the same, then you are the real failure! No matter what state you are in now, Tan Yu Kai hopes that these words can bring you a little bit of help! If you encounter troubles in the investment of the currency circle; you can't find your direction; you are in a loss for a long time, maybe you can talk to me. Leaving aside whether you can cooperate or not, the most important thing is to be able to untie your knots.
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(Text/Talk about Yu Kai)
