What is the adjustment target of BTC? (2)

Last week, when we analyzed the bitcoin adjustment target, it was estimated that a lot of people were still hopeful about $7,700 and where the bottom could be built, so I repeatedly stressed in the article that don't make predictions on the left, any transaction should rely on signals on the right.

Yesterday's break, whether fb or not, I think from the trade, that is not what we should consider. A qualified trader needs the ability to deal with changes, so when the break, the first time to do is stop loss, hedging, open short. This operation is qualified.

Today, I see a lot of people who want to do more, and I would urge you to make any judgment based on long-term strategies, not arbitrary ones. If you don't know why you buy and why you sell, how can you make money?

I have done a lot of analysis on this position before, and it is not confirmed that the support of $7200 has been confirmed at present. Although there are diurnal level deviations, it does not mean that every divergence will rise, so please do not rush to enter the market. The correct strategy is after the signal on the right side is sent out.

Strategy: waiting for slow down, at the current speed, and can't confirm this is the bottom, see is closed on Sunday for weekly and to confirm, and there is neither a channel under the rail, also is not the key support level, or by I think before judgment, if buy signal between 6500-6300, big probability I will choose.

Now what you should do is hedging, or waiting for an entrance opportunity; If it is a contract, the short term is not a good opportunity to short, I would like to wait for the rebound after short, that is safer.