Chaos Theory Analysis 1009: The fourth opportunity to get on board?

It has been a while since the end of September that I have not analyzed the trend of the cryptocurrency market. Recently, my A-share market has been rising sharply for many consecutive days, attracting the attention of global media and funds. There is no doubt that the A-share market is bullish. It is true that the A-share market has absorbed a small part of the cryptocurrency market funds during this period, but this is only a temporary phenomenon. The cryptocurrency market as a whole is still in the stage of shock accumulation.

The previous article analyzing BTC Chaos Theory Analysis 9.23: BTC tested the strong pressure of 65,000 again. Whether it can break through in large volume in the short term will become the key to the trend turning point! Tip: If it cannot break through 65,000 points quickly, it is likely to go for a correction. Don’t chase high in the short and medium term above the 4-hour level center. Reduce positions should be the main focus.

Reviewing the market, the third buying point of the 4-hour center failed to break through in large volume and only extended to 66498 before turning. During the National Day holiday on October 3, it fell below the 60,000 integer mark and set a correction low of 59,828. As the trend continues to evolve, as the price drops, there is a potential fourth opportunity to get on board again:

Looking directly at the 4-hour structure chart, the previous three opportunities to get on board were accurately prompted in advance, and the potential fourth opportunity to get on board is now revealed again. From a structural point of view, the 4-hour level got support after the callback to the middle of the 4-hour center, and the secondary level second buy and the secondary buy appeared. Therefore, the probability of 59828 becoming the fifth buying point of the center is not small. It is also the third buying point opportunity of the secondary center. Buying in batches to make a small profit and a big profit, the profit and loss ratio is appropriate. Of course, risk is still the first priority to be considered, and the long 59828 is the stop loss point. If the trend is not as expected, if it falls below 59828, there is a very high probability that the 4-hour will extend to the lower edge of the center in the next section.

From a general point of view, the current situation is the accumulation of shocks before the bull market in the currency circle enters its peak period. Long-term holders can completely ignore short-term fluctuations, just like the A-share market. Only by withstanding the torment of the bear market in the past two years and enduring loneliness can you fully enjoy the extreme pleasure of wealth growth brought by the big bull market. In the last live broadcast, this account mentioned that what we want to get is the upward segment at the weekly level, which is the segment with the largest profit margin. Therefore, we must withstand small-level fluctuations, unless we have very high and mature trading techniques to make short-term profits.

Fortune always favors those who prepare in advance!