It's Monday again, let's take a look at the weekly trend of the big cake:
Bitcoin's weekly trend is upward. Last week, Bitcoin strongly broke through the previous high. Then we need to redefine the stage. It belongs to the bullish upward stage. Although there is no obvious reversal signal in the current market, it has reached the intensive trading area where the main decline wave of the previous bull market began.
The pressure from above is very heavy, and whether it will evolve into a high-level oscillation stage in the later stage, we need to pay close attention to the stagflation signals appearing at this position.
The long-term upward trend line also restricts pressure.
Let's continue to look at the daily trend:
The daily chart of Bitcoin is in an oscillating trend. In the entire oscillation range, the long and short positions are balanced and unclear. Whether it will evolve into a high-level oscillation requires the emergence of subsequent reversal signals to verify.
The same is true for the four-hour trend. The four-hour trend is a shock trend. After the shock ends, the probability of falling is greater than the probability of rising.
The big level restricts the small level, and the small level will evolve into the big level.
The first thing we need to do in market analysis is to treat it objectively. We cannot subjectively tend to think that the market will rise when analyzing the market just because we have made a layout and expect it to rise. This is irresponsible.
Trading technology belongs to the technical level. If we want to be able to judge the rise and fall of the market through the market trend in the cryptocurrency circle, learning trading technology is something we cannot avoid, whether you like it or not.
As for the technique, no one can help you. You can only make breakthroughs through diligence, hard work and perseverance.
Many people say to me, "Teacher, I don't want to learn. I just want to follow your instructions." To be honest, if I can make profits easily without learning, I don't want to learn either.
Yes, everyone is lazy, which is a weakness of human nature. It is understandable and understandable to seek benefits and avoid harm, but when we enter the cryptocurrency circle, what do you really want to get?
Do you have a clear understanding of the importance of investing in the cryptocurrency circle, your understanding of the industry prospects, and your desire to acquire wealth? This is something each of us needs to ask ourselves.
Don't be complacent and set artificial limits for yourself before you do anything, thinking that you can't learn it, can't learn it well, don't have time, etc. These are all excuses. It depends on whether you want to do it or not.
One of the things adults like to do most is to find a bunch of excuses or reasons to save face for things they cannot or are unwilling to do.
The strong are always looking for answers to solve problems, while the weak are always looking for reasons to cover up their lies.
Are you optimistic about the future of the cryptocurrency industry and want to get continuous results in this field for a long time, or do you admit your losses and quit the industry, missing out on the dividends of the trend? The final choice depends on how we make decisions personally. $BTC $ETH #etf #Meme #Meme
