Bitcoin's previous high is imminent, can it drive the currency circle to pull the market?
Xinhuo speculates that the bull market in the new year is irreversible. For spot investors, it is good to hold it if they have a bottom position in their hands. If they have not entered the market at present, they can wait for a callback in the next market to enter the market. However, one thing needs to be noted. Although the current currency circle is thriving, do not pay attention to counterfeit coins when speculating in coins. Everything is based on the existing mainstream coins.
For contract traders, our previous trading methods remain unchanged. There are many opportunities to make money in the bull market, but judging from the nearly 60-day market trend chart in the previous period, the rise is indeed very fast, but the corresponding stepping back is always Yes, this is also one of the disadvantages of bull market trading. The market always needs to fill the gap to continue to rise. Regardless of whether you are long or short, we contract traders must give ourselves an expectation when placing orders, stop profit immediately when the target price is reached, and stop loss immediately when it falls below the support point. The risk of the contract is theoretically smaller than that of the spot. It’s because you can’t control the hand that loves trading and the heart that loves to carry orders. As long as you can operate in accordance with iron discipline, then I believe that next year you will go to the God of Wealth to fulfill your wish.
Not much to say, let’s go straight to the topic, let’s take a look at today’s market, judging from the trend chart, today’s pull is imperative, why do you say that, Xinhuo’s article yesterday mentioned that the main force is at 49999.99 The position is perfectly controlled, and after that, the diving mode was not turned on to harvest chips. Instead, a lot of bullish funds were washed out by the negative decline that lasted for half a day. From this, it can be concluded that the main force has no willingness to short in a short period of time. It is not surprising that it is soaring higher. What we need to know now is whether Bitcoin can continue to pull the market and drive the entire currency circle.
From Xinhuo’s point of view, the current bull market of Bitcoin has not yet come to an end. The reason is very simple. After carefully studying the contract trading volume of major platforms, Xinhuo came to a conclusion that the current bargaining chips are not enough for dealers to spend a lot of money. The price is to smash the market, so it will definitely continue to rise in the short term, and only enter the market when it encounters a callback. Everyone must control risks when trading contracts. Bitcoin is already 50,000 points. It is very simple for a correction to exceed 1,000 points. If your position is enlarged, it is obvious that no matter how big the bull market is, it has nothing to do with you.
Let’s talk about Ethereum. Judging from the market, there is almost no movement when Bitcoin hits 50,000 Ethereum this time. Past experience shows that Ethereum has a great possibility to go out of a wave of supplementary growth, and the bulls will remain unchanged.
