The following is a BTC post published by Pig i on November 12 at 23:25.
“Continuing from what I said earlier: ‘The U.S. stock market opening didn’t cause a large downward wick, so the market may consolidate while moving down.’
We can now see that it didn’t cause a large downward wick. That’s because MSTR gapped down too much at the open just now, triggering the liquidity system to replenish liquidity, which led to large-volume trades at low prices that prevented a further downward move.
So the price may decline now, but it’s important to note that a low formed here doesn’t necessarily mean that, as usual, the market will turn upward from the low.
That’s because this is systemically configured; it isn’t a human investor, but an automatic trigger. It will stop once the triggered demand has been fully supplied.
So what we need to watch is the possibility mentioned earlier—that the market may consolidate while moving down. That’s still uncertain, so we shouldn’t use the system’s automation as a basis for our judgment.
Therefore, if a rebound begins here, pay special attention to when it forms a rebound high. This rebound high will become the upper boundary of the downward consolidation range.
So any buying that occurs now can’t be attributed to retail investors or major players. It’s a liquidity response aimed at stabilizing value.”
You’re welcome to join my Plaza chat room for more.
“Continuing from what I said earlier: ‘The U.S. stock market opening didn’t cause a large downward wick, so the market may consolidate while moving down.’
We can now see that it didn’t cause a large downward wick. That’s because MSTR gapped down too much at the open just now, triggering the liquidity system to replenish liquidity, which led to large-volume trades at low prices that prevented a further downward move.
So the price may decline now, but it’s important to note that a low formed here doesn’t necessarily mean that, as usual, the market will turn upward from the low.
That’s because this is systemically configured; it isn’t a human investor, but an automatic trigger. It will stop once the triggered demand has been fully supplied.
So what we need to watch is the possibility mentioned earlier—that the market may consolidate while moving down. That’s still uncertain, so we shouldn’t use the system’s automation as a basis for our judgment.
Therefore, if a rebound begins here, pay special attention to when it forms a rebound high. This rebound high will become the upper boundary of the downward consolidation range.
So any buying that occurs now can’t be attributed to retail investors or major players. It’s a liquidity response aimed at stabilizing value.”
You’re welcome to join my Plaza chat room for more.
