btc pie:

I see people shouting about 40,000 on Weibo now, and there is talk about how to open a position from 15,400 to 31,800. It is simply ridiculous.

There are 3 ways to open a position:

1. Build a position at a higher level, rise sharply, and collect chips in a short period of time.

2. Panic opening of positions and sharp declines can also achieve the effect of quickly collecting chips.

3. Build a position latently, secretly, push it up by a small increase, it will take a long time, and the increase will not be too big.

From 15440-31800, which kind of pie is consistent? The increase is doubled and it takes 34 weeks. This position building technique is really awesome. In fact, this wave of main funds did not build positions at all. Instead, retail investors bought heavily and institutions continued to reduce their positions.

Those who don’t understand volume and price theory can compare it to the previous wave of 3,000.