The market is about to turn, and we need to be sober at this time

一鸣的交易日记 · 2023-06-01T09:22:28.000Z

The market has been ravaging crazily in the past two days. It is necessary to popularize the knowledge of cyclical transitions with everyone here to improve your understanding of the trading market and effectively help everyone get through this dark moment before dawn. The recent week has been a turning point in the cycle. Both the current market fundamentals and technical aspects support this view: Fundamentals: 1: The probability of the U.S. debt crisis being resolved before the 5th is very high. There is no doubt about this. It is a short-term positive; 2: Friday's non-agricultural data is currently expected to be biased towards the view of suspending interest rate hikes in June. 3: Judging from this week’s callback, neither the big pie nor the second pie has fallen below the weekly support. You can take a look at it based on AI. Technical aspects: 1: June 6th is the day of the 24 solar terms. The world-famous investment guru Gann said: Time is an important factor in determining market trends. Important time points for market changes are related to solar terms. This is not superstition. It is not metaphysics. There is historical data that can be queried. If you are interested, you can look at the historical tops and bottoms in the past, including the Chinese stock market. The principle is the same. For example: the last bull market BTC top was on November 10, 2021, and November 7, 2021 is the Beginning of Winter, a kind of solar term; 2: The current round of correction of the market started from 31000, and ended on June 8 55 days, which itself is the Fibonacci change time, is also the point where a cycle turning point is possible.

The market has been raging like crazy these two days. It is necessary to popularize the knowledge of cycle turning here to improve the understanding of the trading market and effectively help everyone get through this dark moment before dawn. The recent week is the time point of cycle turning. Both the current market fundamentals and technical aspects support this view: Fundamentals: 1: The probability of the US debt crisis being resolved before the 5th is very high, which is undoubtedly a short-term positive; 2: Friday's non-agricultural data is currently expected to be biased towards the view that interest rate hikes will be suspended in June. 3: Judging from this week's correction, both the big cake and the second cake have not fallen below the weekly support. You can check it out according to AI. Technical aspects: 1: June 6th is the grain in ear in the 24 solar terms. The world-renowned investment master Gann said: Time is an important factor in determining market trends. Important time nodes of market changes are related to solar terms. This is not superstition or metaphysics. There are historical data available for query. If you are interested, you can look at the past historical tops and bottoms. They are all related to this, including the Chinese stock market. The principle is the same. For example: the last bull market BTC top was on November 10, 2021, and November 7, 2021 was the beginning of winter, a kind of solar term; 2: Bitcoin’s current round of correction started at 31,000, and it would be 55 days until June 8, which is itself the Fibonacci turning point, that is, the point where a cycle turning point may occur.
Looking at the weekly chart, Bitcoin will adjust to the 8th week next week, which is also a turning point in Fibonacci.
Comprehensive judgment: There is a high probability of a change in the market in the past week, and the highest probability is from the 5th to the 7th. You don't need to trade too much, and it's good to catch one or two key turning points. At this time, traders need to be calm and not be led astray by false news in the market. This is not only a matter of faith, but also a matter of confidence in holding positions. Just treat it as a "college entrance examination" in trading.