Our ideal market is definitely a sharp drop. Since the price of the currency has adjusted from around 73,800, there have been several so-called sharp drops, but most of them are market washouts, including last month's non-agricultural data. The currency price started to fall before the data, and the data was unable to change the market's selling sentiment on the day. In addition, the employment performance did rebound, so there was no reason not to continue to fall. However, the current decline is actually a weak slow decline.
The characteristics of a weak slow decline are that the overall rebound action is small, and the amplitude will not be large, which will give you a lot of illusions of intraday support, and there is also a feeling that it cannot fall. This is a great test of your patience in holding positions, and it has little to do with the choice of points. Do you see that there is a big difference between 61,800 and 62,200 now? It's not all to see it slowly fall. You are not trading in a volatile situation. Now it's a matter of trend, and the environment of following the trend. The point of following the trend is actually not that important. The reference significance of short-term cycles is not great. The next step is to choose a target to calculate how much trading space is left. For example, at the current position of 61,700, there is no problem in continuing to look down 600 to 1,000 points. Since it is a slow decline, just follow the rhythm and sell short slowly.
6.28 Bitcoin operation strategy: 1. 62300-61900 short, stop loss above 62600, target around 60700, continue to break down and look at around 59700 2. 60600-61000 long, stop loss below 60200, target around 61600 6.28 Ethereum operation strategy: 1. 3520-3490 short, stop loss above 3560, target 3430-3400-3370 2. 3370-3400 long, stop loss below 3330, target 3440-3480 This article is exclusively shared by senior analyst Zhou Yanling. If you need to know more about real-time community guidance, unwinding consultation, and market reading skills, you can follow the teacher