BTC quickly and firmly breaks upward, and the probability of continuing to rise is greater
Yesterday BTC made a quick and firm breakthrough, completely changed the previous situation of taking three steps and two steps back, forming a better atmosphere for longs, and short losses were heavy.
From the perspective of data and period, the upward, medium and long term is still a large probability result. At present, the premium has changed from negative to positive, and the number of long and short people has also changed from negative to positive. Hesitantly, only a small part entered the warehouse, obviously this is not a manifestation of maximizing benefits.
At night and early in the morning, some other mainstream currencies made up, and the main force of mainstream currency trading was also hesitant yesterday. It chose to slowly help the overall market upward and weaker than the market. Yesterday, there was an important pressure level around 7750, which lingered for a long time, allowing investors to choose the direction, and most people still shorted at the important pressure level.
In the digital currency industry, the technical analysis has a long-term reference role, but the short-term reference role is not large. Data analysis can clearly predict which side has a higher probability. It is a good habit to be good at collecting data and making constant comparisons.
If you look at the market today, if you have been trading sideways in the last four hours, especially during the day, you can open the market or wait for the opportunity to open more at a relatively low position. Assuming a rise, wait firmly for the fall to open. Of course, since the main force is going to play, it is unlikely to say that it will hit the market at the beginning of the game. It must be trained enough opponents to enter the next cycle.
There will not be too many callbacks. At best, the range of $ 300 and $ 500 will continue to rise and attract more people to catch up with the market and then wash the market. The probability is greater.
The current situation of long and short portfolios obviously does not have the need to wash the disk immediately. It is necessary to wait for the change of the disk to make a decision and strive to stand on the side of a small number of people.
The running speed of digital currency is relatively fast, and it has higher requirements on people’s psychology and capital planning. Everyone should operate as lightly as possible, and leave them more opportunities to survive and make mistakes.