The expected has finally happened. Dog Zhuang launched a surprise attack in the early morning, causing chaos in the market. Within an hour this morning, the entire network suffered a loss of over 800 million US dollars. Although it seems sudden, Dog Zhuang had been preparing for this for a long time. In the past half month, there have been repeated emphasis on the third wave adjustment at the monthly level. It's just that the pain wasn't felt until the knife was actually cut. From the selling of Bitcoin by miners to the leakage of positions by whales, nothing is coincidental; it's all for harvesting. The direct cause is that SpaceX, owned by Elon Musk, sold all 373 million BTC, despite previous claims of not selling. The fundamental reason is the lack of liquidity in the market.
Analyzing the current situation from the dimensions of time and space:
Time: From the previous high to yesterday, it has been exactly 34 trading days for Bitcoin and Ethereum, and a long-legged candlestick was formed.
Space: According to wave calculations, ETH has already reached the short-term retracement target around 1530 this morning.
After the retracement, how will the market move?
The probability of hitting a new low today is not high.
This is just the beginning of the third wave adjustment at the monthly level, and there will be further retracements ahead.
From the monthly perspective, there will be at least two more deep adjustments, far beyond imagination.
We cannot avoid the third wave adjustment at the monthly level if we want to seize most of the opportunities in the next bull market.
This morning, the opportunity for the second ambush has already been arranged in the group. If you missed the first opportunity, you cannot miss the second one.
Market analysis:
ETH: According to AI analysis, consider setting up long positions near 1660 for the short term, with a potential upside of $50.
Message: The difference between success and failure is sometimes very short, as long as you take a few more steps forward.
Follow the community public account to grasp the turning points of spot and contract with AI analysis.
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。
