After the market trend on Monday, although there were several large fluctuations on Tuesday and Wednesday, most of the time was still dominated by oscillating adjustments, after all, the oscillating state occupied the mainstream of the market. Looking back at today's market, the midday market rebounded and tested the upper pressure, and the coin price rebounded to 29000. Both the evening thoughts and the morning thoughts of Lao Bai yesterday gave a long strategy, 28200-29000. Lao Bai gained more than 700 points of space. I don't know how many friends followed this operation. Then, following the trend, a short position was taken to look for a pullback, and the market fell as expected.

From a technical perspective, there has been no significant change in the technical form. The repeated retesting and probing of support have not been broken through, proving that there is strong support in this area. Currently, it is in a situation of oscillating and building a base. The previous high has been broken, and the repeated pullbacks have not continued to break the low, and can only be regarded as a corrective trend of this rise. Although this kind of trend does make people feel a bit impatient, we must believe that after a period of bottom adjustment, the market will eventually usher in an upward breakthrough.

Evening operation suggestions:

For BTC, follow up on long positions at 28300-28100, not recommended for operations on Ethereum.

If you feel that your operations are not ideal and are confused about the future investment direction, it is recommended to have a good chat with Lao Bai. Every day, I will publicly implement strategies across the entire network, which can be traced. Let's get to know and understand each other, perhaps this will be a wonderful story.

Determine the intraday range after a certain space. In a oscillating market, the position is key, and the trend is secondary. It mainly depends on grasping the range and the accuracy of the position. Specific operation points are subject to real-time trading. If you are unsure about short-term trading, unable to grasp it, or have difficulty with operations, you can chat with Lao Bai, who is available for guidance 24 hours a day!

Weibo: Lao Bai in the Coin Circle

WeChat Official Account: Lao Bai Talks about Coins

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