Someone asked me my opinion on the short-term market: follow the news and not talk about the market situation.

This wave of excitement is due to the good news, and Huidu won the lawsuit.

The plunge was due to the news that all ETFs were postponed yesterday, and all previous speculations were sold and ran away.

The postponement of ETFs has been psychologically expected.

From the market point of view, I have always said that there should be a B-wave rebound on the weekly line, but for a whole period like this, it fell back after rising for one or two days, which is basically equivalent to no movement. Therefore, the good news is offset by the bad news. The next step is the impact of the market, continue to insist on the B wave rebound. as the picture shows.

But I haven’t bought the bottom yet this time. The last time I bought the bottom, Bitcoin took a hit, and all those who followed me were out with profits. Just my guess at this point. Still confused at the moment.

Share your thoughts with everyone.