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Details: ht
Boldly get started with the new market in July 😀
The market has entered a trading off-season, with high-level fluctuations for 6 days, and short positions at high points have also made a few small waves...
Simple analysis of the market!
From a technical perspective:
The high position is mainly in a sideways trend!
From the daily trend, the continuation of the downtrend has reached the downward channel resistance near 108800...
From the monthly line, there is also a demand for retracement support!
From the trading volume, it can be seen that without trading volume, the market cannot rise; if it does not progress, it will regress!
From the news perspective, the expectation of a rate cut in September is still just an expectation; only when the rate cut actually happens will funds gradually enter the market!
From the perspective of the dealer's manipulation techniques, the dealer will never buy at a high position, but will only accumulate at a low position; buying at a high position will always be the retail investors!
In summary: be bold and short on the rebound!
But one must grasp the rhythm and seize the opportunity!
Once there are too many retail investors trapped by the technical aspects, and the shorts are too aggressive, the market makers may also break the technical level to create a wave of washing out before dropping again...
At the same time, give more faith to the bulls, luring more cannon fodder into the market!
So, no matter how high it rises, as long as there is a sudden spike and a reversal, enter the short position in batches!
The trading strategy is:
Enter strictly with a good stop loss, move the stop loss down to protect profits. If there is a breakdown and a drop, you can also use profits to add positions while continuing to move the stop loss down!
If you still don't believe it!
You can take a look at the historical bull market cycles.
Every time before a major bull market arrives, it will always be halved from the highest point, then it will oscillate and decline, washing out positions and accumulating funds before the bull market can start!
This time with ETF support, the probability of a halving to 60,000 is just a little lower!
Not bad, the next bull market will be after the interest rate cuts at the end of the year, and it will only happen when the global economy recovers!
As for the peaks, they are 200,000, 500,000, and 1,000,000.
In the cryptocurrency world, there is only a bottom and no top!
😀😀😀
The following are reference points for entry!
Steady short recommendation:
Short near 109555 for Bitcoin
(If it breaks the fake 11W and turns down, directly short it.)
Short near 2583 for Ethereum
👍👍👍
Radical Short:
Short near 108666 for BTC
Short near Ethereum 2525 or synchronize short on Bitcoin.
👍👍👍
Short Selling Suggestion
The pancake has broken below 105000, effectively suppressing and pursuing shorts.
Just synchronize the Ether!
😀
The high-altitude wave bands have already been well-positioned for cost losses and declines; take the profit quickly in the short term and avoid getting attached to the battle!