Madman said…

The market trend is very healthy. After Bitcoin resolved the divergence, a small pit was dug out at 4h, which has now been basically filled. Small levels such as 15m and 1h have been moving against each other, which means that the main players’ control rights are still very stable. , it will take minutes to rebound to a new high, but once it hits 23,500 or above, there may be a large drop to shake the position. The main purpose is of course to blow up the high-multiple contracts that chase the long, so this position can only be used for ultra-short-term trading. If the stock price is rising, if you want to build a position in the mid-term, the best choice is to wait for a sharp drop.

Small coins are still in the stage of casual trading. For most small coins, they are still at a super low. There are only hold-up orders and not much profit-making. Therefore, there will still be trend speculation opportunities in the future. The wave of speculation in sub-new coins It's very fierce, and it's almost done. Don't chase the high-ranking ones, otherwise you will be stuck in a trap that you will never be able to get out of. Small coins with a higher degree of consensus are pulling more slowly, such as bullshit combinations, various Defi leaders, etc. On the contrary, junk coins that I have never heard of are booming. Taking advantage of the good market, the chips are concentrated in the hands of the bookmakers. Pull it up with all your strength and let everyone take over. This is the core logic, so speculation is okay, but don’t fall for it. If you do, don’t have any illusions. Just set a stop loss line and stop the loss as soon as possible. As for coins with high consensus, It can only be value investment, and it is impossible to get rich instantly, because no fool will make a wedding dress for retail investors.

After the epidemic was released this year, the business of movie theaters has picked up significantly, and tourist areas such as Sanya are full. All this shows that people's activities are returning to normal, so large-scale economic stimulation is on the line. Chinese assets are worth looking forward to in 2023. After all, stimulating the economy is the most important thing. The simple way is still to release water on a large scale, and economic recovery is about to begin.

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This article [Madman Talks about Trends] Once it touches above 23,500, there may be a sharp decline and a shock position first appeared on Blockchain.