In the live broadcast of Tianxia Community: The market is taking on a form that makes you panic

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Click on the link to enter the meeting: https://meeting.tencent.com/p/5369977336 Yesterday's price closed in the dark, continuing the previous day's upward movement, hitting the top, and falling back, while continuously moving out of the bearish line. In addition, today's price opened with weak upward momentum, showing a downward expectation. This is what my title suggests, that the market seems to be making an attitude towards investors, a signal of imminent decline. Under such circumstances, it is bound to cause significant panic in the investment market, but what is the reality? As we mentioned yesterday, there is currently an extreme resistance platform for price decline on both currencies. Observing the daily MACD indicator, the golden cross pattern is still maintained. Although the fast and slow lines continue to move closer, the fact is that the golden cross pattern has not been broken. From the daily chart of Ethereum, the MACD indicator is more cohesive, but it has not broken the golden cross pattern either. So, in summary, currently at the daily level, there is still a strong support platform for both currencies in terms of price. This platform has not been broken, and long positions are not sentenced to death. In addition, with MACD still holding a golden cross, there is currently no plan for strong short positions. Compared to the current situation, we objectively acknowledge that the current price fluctuations have indeed shown a weak performance, especially in the past few days when the upward movement encountered obvious obstacles and the downward movement was obvious. This will definitely revive the bearish sentiment in the market. However, under the above two premises, I doubt that the current downward trend is just an illusion, and the market seems to be giving you an irresistible choice to short. As a sleazy right-hand trader, I am always a latecomer in the market. Until there is a qualitative change in the current situation, I will continue to maintain my original judgment and tend to continue to be bullish. Today's daytime trading task will continue to seek opportunities to go long on dips. QQ group number: 425915927 QQ group link: https://qm.qq.com/q/h9B8j3SACY Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

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