Finally, finally, the altcoin you've been waiting for has taken off in these two days. After the first two days, BTC soared and plummeted, and retail investors panicked to the extreme. BTC slowly pulled up, and retail investors believed that the bull market was coming again. In the past two days, BTC should fluctuate sideways around 68,000-70,000. For altcoins, it is a good thing. Finally, there are hot money willing to come out and pull up altcoins to harvest.
From the daily level, I said yesterday that it is only a matter of time to break through 68,450. From the K-line yesterday, the dealer still intends to continue to break new highs. From the daily level, the upper pressure is around 70,000-72,000, and the lower support is around 68,000-66,000. MACD has gradually moved to a high level, and risks may come at any time.
From the four-hour level, it is currently in a small correction, but the volume is very small, which can be regarded as a small shock market. However, the four-hour is a continuous top divergence pattern, and the power of the rise is gradually weakening, and risks may come at any time.
Binance's long-short ratio shows that the number of bears has reached an extreme. From the perspective of making money for the dealer, it is best to push the needle upward, blow up the short side, and then turn downward to start bloody harvesting of the long side. If you really want to make an order, at this time, I would rather you open a short position near 68,000. The margin is sufficient and you can hold it for about 10 days at most. You will definitely get a big wave. The risk is actually getting bigger and bigger. I have always insisted on my point of view. BTC inserted near 72,000, which is the high point of this wave. Then it started to smash and bloody harvest.
I haven't recommended a coin in the past two days, although I mentioned two coins in the comment area two days ago, one is sand and the other is one, which have risen well in the past two days. But the risk that may come at any time, I am afraid that some people will buy but not sell, and then die miserably, and start to curse again. In fact, I am not afraid of your scolding, but I am afraid that you will lose money.
In fact, let me talk about the short-term trading rules, which I taught my friends before. In fact, you can enter the market at any time for short-term trading, but please bring a stop loss when entering the market. Trading is a comprehensive skill. You need to look at indicators, patterns, volume, understand trends, and understand human nature. In fact, I personally think that the most important thing is the human nature indicator.When others are greedy, I am afraid; when others are afraid, I am greedy. $BTC