The market has been sluggish recently. In the past two weeks, Grayscale won the lawsuit and ushered in a significant positive news, but the news could not last long. The current price is at the long-short game point of 26k, which is similar to soft support. Once the market touches 25k for the third time, there is a probability of a reversal.
This round of shorts started in mid-July. So far, it has been too long at a low level. The three-wave theory in the early stage has made us profit frequently, but generally speaking, in these rounds of waterfalls, the first one is the high-level chips of 30k, and the second round is the short-term profit above 27k, which is also directly swallowed. It can be said that on the eve of September, 80%-90% of the chips are in a loss state; but in the long run, what is lacking is the long-term increase of chips. Basically, there is no big chip fluctuation in the past six months.
According to the previous live broadcast ideas, the market sentiment of bottom-hunting is not as high as expected after the second wave is accelerated, and a certain amount of short-chasing sentiment has increased. After the current closing, it is not in line with the dealer's income if the short-chasing sentiment continues to fall. On the other hand, long-term chips will continue to enter the market, and it will be more difficult to go down.
Matters that need to be focused on during this period:
This month's CPI can be a fuse, but it is not the final decision
The Fed has clearly stopped raising interest rates, and there is even a possibility Possibility of rate cut
SEC approves bitcoin spot ETF, restarts big news
Hypes about Cancun upgrade and future bull market bitcoin halving
Again, although the current price segment does not see much momentum in the short term, be patient and do not look for excitement with heavy positions. Now the market just lacks a breakthrough point, giving yourself more retreat and operating space for the future. There is no need to change the layout direction for the big quarter, and continue to layout bitcoin in the long term
Even if the recent volatility is just the calm before the storm, I will start to layout mid-term operations in the future, and the live broadcast will explain some ideas to everyone
This round of shorts started in mid-July. So far, it has been too long at a low level. The three-wave theory in the early stage has made us profit frequently, but generally speaking, in these rounds of waterfalls, the first one is the high-level chips of 30k, and the second round is the short-term profit above 27k, which is also directly swallowed. It can be said that on the eve of September, 80%-90% of the chips are in a loss state; but in the long run, what is lacking is the long-term increase of chips. Basically, there is no big chip fluctuation in the past six months.
According to the previous live broadcast ideas, the market sentiment of bottom-hunting is not as high as expected after the second wave is accelerated, and a certain amount of short-chasing sentiment has increased. After the current closing, it is not in line with the dealer's income if the short-chasing sentiment continues to fall. On the other hand, long-term chips will continue to enter the market, and it will be more difficult to go down.
Matters that need to be focused on during this period:
This month's CPI can be a fuse, but it is not the final decision
The Fed has clearly stopped raising interest rates, and there is even a possibility Possibility of rate cut
SEC approves bitcoin spot ETF, restarts big news
Hypes about Cancun upgrade and future bull market bitcoin halving
Again, although the current price segment does not see much momentum in the short term, be patient and do not look for excitement with heavy positions. Now the market just lacks a breakthrough point, giving yourself more retreat and operating space for the future. There is no need to change the layout direction for the big quarter, and continue to layout bitcoin in the long term
Even if the recent volatility is just the calm before the storm, I will start to layout mid-term operations in the future, and the live broadcast will explain some ideas to everyone