Many people wake up in a daze, this is the first largest waterfall this year, right? This is: high volatility, long-term will fall. The theory still needs to be solid. The rest is your patience. As long as there are no serious problems in the general direction, the basic problems are not serious, and the fear is that things will go the other way. To be honest, I have been ambush for this empty order for more than a month. After more than 50 days, I held the position for more than 40 days.

We can see this waterfall in the early morning, with a real breakthrough of 26300, and the pins have reached 1800 points. In fact, it was originally intended to call back to 25800-25200, and then start to fluctuate, and then continue to fall when the bearish position is released in September. But fell straight into place within a day. Really didn't expect it to be so fast. Then this kind of large-scale adjustment will inevitably have an oversold rebound at the hourly line level. Counting from the lowest point of the pin insertion, a rebound of 3,000 points is within the normal range. So will it go out of the fourth rising band market this year? I think the odds are slim. I said last month that this year's Mavericks market is over, and I predicted it before the weekly macd was about to cross above zero that day.
Levels above the daily line do not need to be looked at for the time being, they are all short-term, and only look at the hourly level in the short-term. At present, the kinetic energy indicators of more than 2 hours are in a dead state, and the strength of the rebound depends on the small-level indicators within 1 hour. Therefore, the meat that can be eaten at the current price is limited and full of risks. It’s not that there are no chances if it’s too short, but it’s just a test of your skills, you need to move in and out quickly, and you can’t even blink your eyes. This brewing pullback was two weeks faster than I expected, but nearly as deep as expected. Combined with the fact that there are still two bad points at the macro level in September, coupled with the severe trend of anti-corruption in the industry and the strengthening of banking supervision in China, it will have a major impact on the liquidity of funds in the market, and this impact is continuous. September-November The market is full of risks, so the strategy is still to rebound upwards to connect the pins to the high altitude. It can be judged at present $BTC$ The short line ceiling is 27650, $ETH$ The ceiling is around 1725. When the k-line is in the large-level adjustment period, the hour-level rebound is invalid rebound, which is equivalent to the buffer zone that the car passes through on the downhill road, and it will slow down. We call it "falling relay", and it will fluctuate sideways Then it fell. The biggest difference between this and the first half of the year is that after a large-scale waterfall, it will stop falling and rebound, and start the next upward wave of the market, but it is difficult now, and each wave will be lower than the next wave. We can only follow the trend!