#gStocks代币化股票上线 Why so many people in the crypto space lose money and get liquidated? First of all, they don't have a correct understanding of the market or themselves. When the price goes up, they think it will keep rising, even calling it a bull market comeback; when it goes down, they think it will keep falling and call it a bear market. Then they start chasing highs and selling lows, shorting at the bottom and buying at the top. Fundamentally, they don't understand the technicals, can't judge what is a rebound and what is a reversal, and can't distinguish between a top structure and a bottom structure. Even more, they don't understand what key positions are. Key positions are where above means up and below means down, and they are regional spaces. If you can't distinguish key position areas, you can't tell true breakouts from false breakouts, and then you'll be toyed with and repeatedly whipsawed by the whales. False breakouts can happen countless times, but a true breakout only happens once. For example, the whales made a triple top in the 79300 and 82800 area this time, with three false breakouts. The highest rebound point was 82800. Then it started to fall all the way down, breaking through support to find the bottom. On the daily timeframe, a triple top can be used for three shakeout/washout cycles or distribution - different names but the same meaning. Why is 79300 to 82800 the top area? If you understand Dow Theory, a downtrend has lower lows. You'll get it. If it breaks above 82800 with volume and holds, it will continue to rise📈. Because 82800 becomes the structural bottom, then it can only go up - that's support and resistance swap, top-bottom conversion. A reversal has occurred. If you want to read the chart clearly, you must be familiar with the most basic techniques and truly understand what a rebound is, what a reversal is, what a true breakout is, and what a false breakout is. If you can't tell, you'll most likely make the wrong direction. That's all I'm sharing today.$BTC #ETH突破1700