BTC Monthly Chart: From the highest point with five consecutive down days, February's pin bar dipped to 60,000(ema60), March's small bullish candle held the opening at 67,000, and even if this month closes with a bullish candle(it's very likely), which is understandable! In December, ema5/ema10 formed a death cross, and in February, ema5/ema20 formed a death cross. Currently, ema10/ema20 is also converging with a downward cross! This is the inevitable trend in the bull-bear cycle, and it cannot be avoided!



Weekly Chart: Currently, only ma30/ma90 have formed a death cross, and ma90 hasn't yet clearly turned downward, so from the weekly perspective, the bear bottom is still early!

In investing, looking at the weekly/monthly charts is enough; only in the top/bottom zones do you need to check the daily chart! One moving average indicator is sufficient for clarity, like MACD/KDJ/BOLL/RSI/Vol/Bias/OBV/Alligator/FR/Hull, combined with top/bottom analysis to judge entry and exit! Fibonacci/Gann/Elliott wave and other technical tools are good to know, but not necessarily required. The more you use, the greater the error; it reflects your level of insight and understanding, like the highest realm of martial arts—"silent victory"!

Speculation requires looking at hourly or even minute charts. Any indicator has significant variability, greatly reducing its reliability, and can even become invalid!

Therefore, in this market, those who have both money and leisure are mainly engaged in large cycles of mainstream assets like BTC, US stocks, gold, and crude oil; conversely, retail investors are only focused on small cycles with their favorite "shiba" or altcoins!
So, making money isn't some profound secret, and losing money isn't some cursed fate; it's all within oneself to resolve!

Trend is a rule, but the process involves variables! If you can't grasp the fixed rules, and only try to catch the intermediate fluctuations, you're just overreaching or overestimating yourself!
BTC0,3%
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