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The market saw another rebound yesterday, and we have become accustomed to it. It seems that the recent rebound has been particularly frequent. Previously, seeing it once could have caused market sentiment to spiral out of control. Now, if we don't do it every day, we feel that the market hasn't finished today.
First of all, let's talk about yesterday's expectations. The dual currencies we judged did not fall through, and the downward trend is expected to continue, which can be considered as a preliminary exit. The depth of price decline, especially on the big cake, has indeed shown deeper performance. Although we mentioned trying to take on more operations at 81500/80300 yesterday, there was no emphasis on it, which may also lead to many friends not entering the market after the price finally falls to the 81000 line. I missed out on this rebound, but given my previous cautious personality, it doesn't really matter. Making cognitive transactions is also a reasonable choice.
Ether continues to maintain its low-level sideways movement on the daily chart, but its performance is not outstanding. Yesterday's decline only broke the expected low point of 1880 by nine points, so it can be clear that the sideways pattern of Ethereum will continue. It is worth noting that today's highest upward height of Ethereum reached 1948, which is not much different from the level we shorted in the 1950-80 region. If there is a transaction, then we can still consider taking profit at the 1890/80 position.
Returning to the summary, although the current volatility of the dual currency market is challenging, it has been accurately assessed by us. The overall volatility of the market has not exceeded our expectations, which means we have prepared in advance to deal with the current volatility. Therefore, we can continue to wait for the final change in the market according to the established approach.
Tencent Meeting: 5658778060
QQ group number: 701829134
AIcoin group number: https://aicoin.com/link/chat?cid=2ARLLeaoM
Disclaimers The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.
