Although the market did not fluctuate much over the weekend, there are signs that the market is about to start a new round of rise. Many people may be happy to see this, but Yiming's view is that the market will face huge potential risks after this rebound. Why does he have this view?

In terms of time: It will take 8 weeks for Bitcoin to rebound from the bottom on August 17 to next week, which is a relatively important time node for the change in the market.

Position: As the price pushes upward, it gets closer and closer to the upper pressure level.

Now the Federal Reserve is determined to raise interest rates. Under this background, the probability of a bull market is extremely low. During the National Day holiday, the prices of commodities such as gold and crude oil have fallen one after another. The next adjustment may be the crypto market.

From the perspective of transaction risk control, even if there is a rebound, you can only do subtraction rather than blindly chasing highs. If you chase highs at this juncture and get trapped, you won’t be able to get out this year, especially in spot goods. Never think about selling at the highest profit.

Message: A wise man must be humble, and a kind man must be tolerant.

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