After the short position strategy was given yesterday, it did not trigger the profit-taking position, and the market welcomed a wave of short-term rebound; many friends are very confused, unexpectedly strong in short-term rebound ability. The reason for this rise is also very clear, suddenly revealed, the probability of Trump signing legislation on cryptocurrency market structure this year is 59%. Following this, Michael Saylor purchased more than 11,000 Bitcoins in one day for the first time, with a total value of approximately $800 million, and the trading volume reached $1 billion that day. The news combined with large capital inflows entered the market directly, without giving the market any reaction time. On the military front, there has been no conflict or collision, and it is very interesting that both sides block the strait but do not interact with each other; the strait can still be peacefully blocked. This move is also seen by capital as a concession from both sides, and the possibility of peace talks is on the rise. This can also be indirectly reflected in the performance of U.S. stocks, where all three major indices showed an upward trend, especially technology stocks, along with crude oil.

Today’s judgment is mainly based on the new round of market conditions; the mid-term levels have already been published in the friend circle yesterday, with support and resistance positions at 63,000 below and 74,000 above. Breaking through these two ranges will lead to the arrival of a market trend. Currently, it seems that the upper position is about to be reached. If it breaks and surpasses the strong resistance of 76,000 from last month, then the volatility bullish trend estimated by Lao Cui can basically be established. Once a new range is formed, the lower support will also move up to the 65,000-67,000 range. I would like to remind everyone that recent capital movements have become increasingly strong; from the net inflow of listed companies in a single week, this week has already reached over 500 million, which means that capital anticipates that the new low of this bear market has already formed a bottom. This coincides almost entirely with Lao Cui’s previous estimates; it's just a matter of the time frame for hands changing. For spot trading users, this is also a huge positive news.

Lao Cui summarizes: A special reminder to users who are doing contracts, recent news has been fluctuating very violently, which will also cause short-term analysis to be in a chaotic state. It is very likely that just released good news will be instantly dissipated by bad news, so everyone must be careful with stop-profit and stop-loss when entering the market. Having just discussed the 74,000 mark, it has now been broken, so the next phase will naturally be the pressure of 76,000. Capital seems to have chosen a direction, which may have pointed out the situation for the military side. Lao Cui personally suggests everyone can wait a bit; the breakout above will not be too high. Lao Cui himself is only aiming at the 80,000 mark (in April), and this breakout is difficult to sustain. It can currently be confirmed that the transition to a bull market has not formally arrived; we still need to wait for the developments after Trump visits China to draw a conclusion. For the contracts, Lao Cui’s strategy is to pause, see if the phased targets can be achieved, and then plan after stabilizing the range. The influence of the military aspect must be eliminated! If there are any issues with positions, you can directly ask Lao Cui!

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