Major Trends
First type: If the bull market is still on, refer to the last bull market! Above 80,000, it should at least run for two months to repair. So if it drops to the 80,000 position again without breaking it, or if it falsely breaks and quickly rebounds, then it will continue to repair, roughly needing another month to repair before it can move upwards. If this is the case, it means the bull market is still on. Figure one
Second type: If it breaks below 80,000 and cannot stabilize, then it will go down. The second form would mean that the bull market is over! At that time, you will see that the 80,000 position cannot stabilize, no need to think about it, right? It's just like the last round, it will just keep falling. Now, how many points will this fall be? As long as it breaks below 80,000 and cannot stabilize, I can see 50,000, which clearly indicates a drop of 30,000 points. Figure two
Currently, one very clear point is that below 96,000, the general direction is to short!!!
Once it breaks 96,000, continuing to short will pose problems for the direction because at this position, the bulls will regain confidence! When it approaches or breaks the 100,000 position, the entire market will ignite bullish sentiment, becoming boiling, becoming FOMO, entering a high concentration, high intensity flame-like, bull-led explosive market!
First type: If the bull market is still on, refer to the last bull market! Above 80,000, it should at least run for two months to repair. So if it drops to the 80,000 position again without breaking it, or if it falsely breaks and quickly rebounds, then it will continue to repair, roughly needing another month to repair before it can move upwards. If this is the case, it means the bull market is still on. Figure one
Second type: If it breaks below 80,000 and cannot stabilize, then it will go down. The second form would mean that the bull market is over! At that time, you will see that the 80,000 position cannot stabilize, no need to think about it, right? It's just like the last round, it will just keep falling. Now, how many points will this fall be? As long as it breaks below 80,000 and cannot stabilize, I can see 50,000, which clearly indicates a drop of 30,000 points. Figure two
Currently, one very clear point is that below 96,000, the general direction is to short!!!
Once it breaks 96,000, continuing to short will pose problems for the direction because at this position, the bulls will regain confidence! When it approaches or breaks the 100,000 position, the entire market will ignite bullish sentiment, becoming boiling, becoming FOMO, entering a high concentration, high intensity flame-like, bull-led explosive market!
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