Bitcoin is still bullish, but a deep correction must be cautious
Although Christmas has passed, the price fluctuations in the past few days are still very large. Here I believe that many friends have covered their positions, and many friends have already got off the car. Christmas is one of the most important festivals in western countries. During this time period, many traders in their country chose not to trade. Autumn harvest and winter storage, at this time, I also hope that you will not operate randomly, but control your positions and stabilize them for the next few days.
It grows in spring and grows in summer, and harvests in autumn and hides in winter. The timing of investment is the most important. The concept of "God rewards those who work hard" is correct when applied to work, but not necessarily correct when applied to investment. Many people always feel that they have to work hard in trading, and they have to move every day, otherwise they are not diligent enough. In fact, for retail investors, excessive trading frequency is one of the main reasons for losses. This is one of the logics behind the saying "investment is anti-human".
The big pie rebounded strongly, and the mainstream also rebounded to a certain high level. The main force used XRP to be investigated by the M country’s regulatory authorities to continue to exaggerate the bearish sentiment, and precisely hit the currency price. The effect was very good. From the perspective of volume, some currencies even broke the panic market. . At present, the direction of public opinion on the investigation of XRP has begun to improve, and judging from the price trend of XRP, this wave of long-short double killing is really ruthless!
The current Christmas market has passed. If there is no spot increase at the support point in the past few days, then you must seize the next callback opportunity to enter the market! I think this time most people should not only not increase their positions, but sell them instead. Judging from the disk trend, this wave of pull-ups and semi-deep pullbacks has been thoroughly shuffled back and forth, once again washing out hundreds of millions of dollars in the market! It is expected that the general direction of the next market will continue to enter the main Shenglang market. The recent pullbacks and the rising market have not confirmed the second step back. We have to observe the next market trend. Of course, if there is a second step back, it is a rare opportunity to get in the car again. It depends on Gouzhuang. Give it a chance.
Bitcoin continued to rise after the market broke through the shock range yesterday afternoon. The price of the currency continued to rise from the evening to the morning, hitting a new annual high. After a rise of more than 1,000 points, the market just touched the upper suppression point of 25,000 again just now. However, after the morning surge, the hourly bullish volume began to shrink, while the white market currency price fluctuated less, and the trading volume was relatively sluggish after the morning surge. It is expected that the white market bulls will find it difficult to maintain a large unilateral increase. Currently It is recommended that you can enter the market with an empty order at the current price.
Suggested operation: enter the market with an empty order near 24900-25100, the stop loss is recommended to be placed above 25200, and the profit target should be lowered to 24700-24500 in turn.
