Current market conditions, the extreme stop-loss position is 75000, Another key price is 82000, any price between 75000 and 82000 could be the endpoint of this round of decline.
The BTC price has dropped significantly, but there is hope for a wave of oscillation rebound afterward. Pay attention to the testing situation at the resistance level of 98000.
It is now the early stage of a bear market. If it cannot stabilize here, the confirmation of the mid-stage of the bear market is just around the corner. Observe more and act less, make trades with a high profit-loss ratio, and trades with price advantages. Stay patient and try to survive as long as possible in this bear market.
If you have accurately predicted when a trend is about to emerge, you will be profitable from the start when you first enter the market and establish a position.
We are essentially speculating, keep this in mind Never have feelings for the currency I once went all-in on ht, held it for two years, and suffered heavy losses (Sungou removed ht from the shelves), Essentially, I did not follow the market
The rhythm of the market, each time level has its own rhythm, rising rhythm, changes in rising rhythm, destruction of rising rhythm, reversal of rising rhythm, and vice versa. Whether you can grasp this rhythm and enter the market perfectly at the right time and position is the key to success.
Trading is a game of probability, engage in high-probability games. How to increase the probability? The answer is to form your own trading system. What kind of trading system is this? It is developed through personal practice.
The key is that when trading, the mind must be clear, and the thought process must be coherent.