Can high diving be a bargain?
The price of BitBit hit a record high last night, and it stood on a high platform again after November 2021. After reaching a record high, it quickly dived from the high platform, falling by more than 10% in a short period of time. Big C Last night, the price reached a high of 69,000 and a low of 59,000. This trapped people who were impulsively chasing the rise. Maybe some people’s hard-earned Lirun in a month was returned to the market overnight. At this moment, I believe that more people are paying attention to whether they can buy the bottom. Bingbing believes that there are two situations:
First, look at your own positioning. If you are a long-term investor (can hold the position for more than two to three years), you can wait and don’t have to worry about the correction in front of you. Just see the future potential. It doesn’t matter if it can’t meet your own needs. If Da Bing predicts it based on the price of 60,000, it won’t be a big problem to get double the interest in the future. My aunt’s lowest price last night was 3,200, and she will probably get more than double the interest in the future. As a long-term investor, it is safe to get 30% to 50% returns in the future. Nowadays, most of the short-term friends in the market want to be fast, want to double overnight, and want to be full of money. Short-term friends first need to estimate the maximum drawdown that their principal can bear, and evaluate their risk tolerance. How much you make is determined by the market, and how much you can lose is determined by yourself. After estimating, you can reasonably plan your own opening quantity, so as to be a good player.
Second, in terms of the K-line structure, the market needs to be repaired after the high dive. There is currently no bullish signal. As long as there is no stop signal in the short term, there will be no reversal of the market. Bingbing believes that the market can fall back to at least 60,000⬇️. The lowest price last night reached 59,000. If we follow the trend and step back, it may be lower than this price, but it will at least drop to less than 60,000⬇️. This is the first time. A target position. The lowest price has reached 3176. I am not sure whether it will stop at 3200⬇️ in the later period. What is certain is that it will definitely come back. If you are a short-term investor, the first target expected value must be at least 3200⬇️. Wait for the position. Enter the market and make a judgment based on the K-line position structure.