Hello everyone, I am trader GEGE. Following up from the previous article, Happy National Day! Happy trading!! There is a delay in article review, it will be first released on the public account!
The target of 28000 for BTC long positions has been achieved as scheduled, whether it's a strategy openly shared on the internet or internal guidance, all have been fruitful.
"You never really understand a person until you consider things from his point of view, until you climb into his skin and walk around in it." from Harper Lee's "To Kill a Mockingbird".
Originally, it's a classic novel. After reading it, I realized it's an exemplary work of education and enlightenment, where a lawyer's father leads by example to guide his children to eliminate prejudices, whether it's towards the neighbors in town, relatives, the strange Mr. Radley, or even the black man Tom.
Prejudice is an insurmountable mountain. Killing a mockingbird is a sin, it never does any harm, it only sings. It's the rumors, prejudices, and malicious words that are the real killers of mockingbirds.
Socrates once said: "The only true wisdom is in knowing you know nothing." Only when one understands the limitations and constraints of their own knowledge can they truly make progress.
Think about it, our understanding of the market, sometimes, isn't it a kind of prejudice? Thinking that we understand everything, but the truth may be just as Sanmao said: your interpretation of me may only be the tip of the iceberg of the real me.
Returning to the topic, let's take a look at the market analysis. After the weekend's fluctuations, BTC directly surged past 28000, reaching the 28300 level and then experiencing a small pullback. The market has unfolded as expected, a perfect holiday market. Which dog fund stole my strategy, haha. The weekly chart closed with a solid bullish candle breaking through the middle Bollinger Band resistance, with KDJ showing a golden cross signal and MACD showing a turning point. The candle for this week shows signs of continued bullishness. On the daily chart, the market broke through the upper band and is running, with the Bollinger Bands slightly opening upwards, the moving average turning upwards, MACD lines moving upwards near the 0 axis, and the volume bars increasing. KDJ continues to move upwards. After the market surge, there is a need for adjustment and correction. Friends who entered long positions earlier can reduce some positions and aim for the 29000 level. For short-term intraday trading, it is recommended to go long at the 27600-27300 level. This concludes today's market analysis, see you next time. For more real-time advice on BTC, please contact GEGE. The advice is for reference only, manage risk when entering the market, and determine profit and stop-loss levels on your own. Consult specific strategies during trading.
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