Market solution: BTC is temporarily getting a support for the cottage currency V-shaped rebound is brewing

Market solution: BTC temporarily won the support of the cottage currency V-shaped rebound is brewing

According to analysts, after the BTC fell below $10,000, the short-term rebound has temporarily continued. Most other large-capital currencies and altcoins have rebounded. Some big-capital currencies are rebounding twice, while the weaker currencies only show a rebound yesterday. Regardless of whether it is a rebound or a rebound, it is a V-shaped rebound. If you want to buy it, you can get cheap chips when you buy it. And waiting for the price to rebound, after considering the currency in the hands of the selling point, you can get short-term gains.

Regarding the bottom buy during the rebound period, it is very important to confirm the bottom position during the rebound period. If the bought price is not near the lowest price, the profit will be affected. However, this does not matter, the game rebound does not need to re-enter the bargain-hunting, and if there is a position, you can get the income.

Once the rebound begins, it indicates that a V-shaped reversal will occur. After most currencies confirm the V-shaped reversal pattern, the money-making effect will increase. When we take advantage of the currency, once the profitability of short-term trading is weakened, we can consider reducing the shipment. The price trend of the rebound nature will be differentiated, and the strong currency rebounds more space.

Just like this short-term bottoming process, ETC is the bottom of the bottom, LTC is the bottom of the bottom, and ETH, BNB, ADA and TRX are bottoming out again after the closing price has reached a new low. XLM and IOTA rebounded after closing lows in the year. Obviously, the buying points confirmed by the two bottoms are more clearly visible.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

With three factors superimposed, Bitcoin rushed to $8,000 overnight, and the currency was boiling.

Bitcoin bull market In the face of sudden surges, there are still people who can't figure out what they are sayi...

Blockchain

April 12th market analysis: BTC triple top is established, the main short-term adjustment target position exposure

Before we gave the trend of two bitcoins, we would have expected to choose to break through. As a result, the face of...

Blockchain

On-chain transaction linkage market rose by 46%. The number of large transfers or the leading indicator?

In the past week (01.27-02.02), the overall price of bitcoin has been on the rise, and the on-chain transfers have be...

Blockchain

BIS report: Bitcoin is a failed payment instrument, stabilizing currency threatens financial stability

Author: Liang CHE Source: than push bitpush.news The Bank for International Settlements (BIS) published an investigat...

Blockchain

Optimistic about the potential of the bitcoin market, CME application will double the monthly limit of customer bitcoin futures

According to Coindesk's September 15 report, the Chicago Mercantile Exchange (CME) hopes to keep bitcoin futures...

Market

Bitcoin is halving, is it a chance to make a fortune or a disaster

What is the most important day in the currency circle? I think it should not be the day when the Bitcoin ETF was pass...