Tracking real-time hotspots in the currency circle, seizing the best trading opportunities. Today is Monday, March 18, 2024, and I am Yibo! We are not predicting trades, but actually observing market fluctuations (narrowing, spreading), structure (market batch structure), emotions (external market US stocks, US dollars, etc.). As a trader, you (through trading) affect prices, and prices also affect your emotions and behavior.

What stage is the market in now? Undoubtedly, from the perspective of the overall fourth halving market, it has just begun. Bitcoin has broken the highest point of the last halving market, which is the prelude to this round of market. The recent decline can be seen as a response to the meeting of the Federal Reserve on March 21, three days later, because the non-farm data and CPI in the United States this month are not ideal. This time, Bitcoin didn't actually fall much, especially the hot new altcoins fell at least 20-30%. This is what I said before, the new altcoins (broadly speaking, the coins launched after the end of the third halving bull market in November 2021) have no historical burden, rise sharply, but also fall sharply. The old altcoins have pressure levels when rising, but also have support levels when falling. Each has its own merits. So, don't be afraid now, dare to buy when it falls, buy more as it falls. The wind and scenery are long, the two-year bear market has passed, and at most, you will be stuck for a few more months. What is the biggest risk at the beginning of a bull market? It's not FOMO chasing highs, but being afraid to buy when it falls, and getting washed out instead.

Bitcoin has been in a weak oscillating downward trend over the weekend. Yesterday, the lowest point of Bitcoin came to the 64550 level, then rebounded and oscillated upward, reaching a high of 68950 and then falling back under pressure. From the perspective of the market, the bulls continued to rise from a low level yesterday, but did not break through the daily line's solid line suppression, so it is still under pressure. Although the four-hour chart broke through the middle rail of the Bollinger Bands, the moving average is still further narrowing, so there will not be much room for a timely rebound. The weekly line closed with a cross-shaped negative, and the upper rail of the Bollinger Bands has been pierced, so the conditions for weakening have already emerged. Pay attention to whether the daily line will first reach the lower rail of the daily line Bollinger Bands. The weak downward trend on the four-hour chart is still continuing, and the brief rebound is also taking place within the downward trend, so not every rebound must be bullish. The recent actions are exaggerated, the trend structure remains unchanged, and the approach to the market is to continue to treat rebounds as opportunities to go short! Operational suggestion: Go short in the 68200-68500 range, with a target down to 66300-65700, and defend at 69200.

Ethereum has fallen overall in conjunction with Bitcoin. Yesterday, it fell sharply to around 3410 and began to rebound. The highest point in the morning reached 3680. Currently, the trend line has further fallen below 3720, and most of the previous high-level support has almost all failed. The subsequent market will still be mainly linked to Bitcoin. If Bitcoin cannot rebound, Ethereum will continue to decline. Looking at the daily chart, the candlestick has turned downwards and has broken through the seven-day moving average, heading towards the 30-day moving average. In the short term, it will continue to probe lower. Currently, the candlestick has fallen back to the middle rail of the Bollinger Bands, and will oscillate for a few more days, so the trend for this week should be a trend of first rising and then falling. We still focus on a bearish view and approach. Operational suggestion: Go short in the 3650-3680 range, with a target down to 3520-3480, and defend at 3720.

In this market, it ultimately comes down to ability. If your ability is insufficient, what the market gives you will eventually be taken back. Therefore, when your wealth exceeds your ability, you need to control the drawdown, although this control is futile, because that kind of profitable arrogance and arrogance will ultimately destroy a person's rationality. However, we don't have to worry about the situation where our wealth is lower than our ability in the capital market, because this kind of imbalance will eventually be corrected by time. If it is not corrected, there is only one reason, which is that your ability is insufficient. If you are still in a state of confusion, don't understand the technology, don't know how to read the market, don't know when to enter, don't know when to stop loss, don't know when to take profit, randomly add positions, get stuck at the bottom, can't hold onto profits, and can't seize the opportunity when the market comes. These are common problems among retail investors, but it's okay. You come to me, and I will guide you in the right direction for trading. A thousand words are not as good as one profitable trade. Instead of frequent operations, it's better to be precise, and make every trade valuable. What you need to do is find me, and what we need to do is prove that what we say is not empty. 24-hour real-time guidance, the market fluctuates quickly, due to the impact of review timeliness, for the subsequent market trends, real-time layout based on actual trading is the main focus. Coin friends who need contract guidance can scan the QR code at the bottom of the article to add my public account.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。