This weekend's market is obviously much weaker than last week's performance. The market's enthusiasm for spot ETFs is also declining. Market information is true and false, and the market is fluctuating. Many people can't find the direction.
After reaching a new high, trading volume has shrunk for four consecutive days. Without trading volume, there is no upward momentum. This shrinking and consolidating market is not expected to last long. There may be a pullback later. There are two reasons.
1: The 35280 position of this rebound is the 38.2% position of Fibonacci. (Resonance)
2: The heat of the spot ETF narrative is cooling down.
Then someone may ask, is it possible to ambush short positions at this time?
It is very clear: it is not recommended to ambush long-term short orders with heavy positions at present
1: Market sentiment is not supportive and is still in a bullish FOMO mood, with no bearish fundamentals.
2: The time is not right. No matter it is a month or a week, it is not the time for a turning point. Trading is like fighting a war. It requires the right time, the right place and the right people. If the timing is not right, entering the market too early and waiting for a long time will affect your mentality.
This kind of ups and downs in the market is expected to last for some time. The short-term gains from ambushing during this period are also considerable. The day before yesterday, our AI prompted short orders, all of which were profitable; the long orders prompted yesterday were also successfully closed. Today, AI prompted short orders, and they have already been closed. It took only 1.5 hours to pocket today's profits. If you are still worried about trading losses, you may wish to contact Yiming and experience AI's strategy analysis for free.
Message: Winning in the trading market has nothing to do with intelligence and talent, but depends entirely on the investor's methods, principles and attitude.
