At present, the daily and weekly lines are in the rebound resistance zone. There are still 10 days to close the monthly line this month. Either it will rebound strongly to a new high, or it will close with an upper shadow line. If it is the latter, the trend is basically broken, and it is estimated that it will take half a year or even nearly a year to adjust downward.
Let’s talk about the cottage, it is also more complicated. Some seem to have fallen to the right place, some seem to have just started to fall, and some have rebounded strongly, just like the big cake, the monthly line rebounds or the upper shadow line is entangled.
Let’s not talk about the cottage first. If the big cake continues to adjust downward, the cottage will only rebound and then continue to bottom out.
So it is better to confirm the intention of the big cake first, and then see whether the cottage is an opportunity or a risk.
So if the big cake is strong, the monthly line rebounds and goes up, and the bull market returns quickly?
At the end of March, the inverted pyramid profit-taking strategy written during the climax of the basic market is still applicable.
Directly reverse to a new high, continue to rush or increase while reducing, I think the adjustment time is too short, and continuing to rush is still brewing greater risks.
This market is not suitable for me, so I use part of my position to do financial management. I don't want to bother. There will be rebounds, but I am not interested in operating them, and I may not be able to grasp them.
Sometimes you still have to understand what market is suitable for you, what market can make more money, and what market should be rested. From a trading perspective, it is to wait for the market that can make money for you, rather than wanting to do all the market.
What is a profitable market? At the beginning of last year, even if you hold spot, even if you are a novice, you can get 4 or 5 times + profit without thinking after a year. It's just a little more than a year, and it's still a spot situation.
Simple profiteering...
This is a unilateral market that can make money.
In the past, people who could make a lot of money also made money in unilateral rising markets, but many people did not keep their profits in the subsequent markets when unilateral rising was the best time to make money. Generally, they rose, fell, or lost all their money in the bear market, or even lost money.
Now it rises and feels that the bull market is coming, and when it falls, it seems that it has risen for so long, and it is estimated that it will fall sharply. I will be very unsteady in my heart and be cut back and forth.
My personal opinion is,
It is better to observe. Holding part of U does not lose money, and you can also make money through financial management... There will be opportunities when it falls, which is a good thing.
Don't think that you can withdraw all at a high level after you take it back. There is a high probability that you will still have to ride a roller coaster.$BTC $ETH