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On March 20th, give everyone a recharge under the faith, there is no wave of bull market from the high directly V reversed, this high callback correction is to pull up higher next time, the previous high 73881 will be broken through again, this is only a matter of time, don't be intimidated by this correction, the contract light position trial and error, spot heavy punch
In the past, the bull market generally had a maximum correction of about 20%, and there would be a new round of rally, and this round of 20% correction point is near 59000, so near 60000 or below, it is no longer the time to chase shorts, but a large number of opportunities to lay out spot and contract long orders, and embrace the next trend
Structurally, the daily line is directly adjusted from the upper rail to the vicinity of the lower rail, in this Bollinger flattening situation, after pulling up and stepping back to the lower rail, the initial test will have a relatively large rebound or even reversal, pull up, step back, and then rush higher structure, although not necessarily break the previous high, but at least a second peak trend
Therefore, the recent daily line closing line is very critical, the price test near 60,000, the closing doji, the inverted hammer line, the bullish piercing, and even the big sun pulls up, are stop falling signals or even reversal signals, if the next day continues to pull up, it is basically to confirm the trend, so that the weekly line will go from engulfing the big yin to the lower shadow line, it will not appear so weak, but the daily lower line can not hold on, can only seek the early order wall support 59000 and the limit of the whole round of upward retracement 50% is near 56000
Recently, the daily line decided the weekly line, the weekly line is engulfed, and at least the downward trend will continue next week, then at least it will be carried out next week, and the price has come to the most critical support in the short term near 60,000
To sum up, the general trend is bullish unchanged, the short-term callback correction is to better rise after the halving, the recent 60000 is the most critical support, if supported, it will be a short-term stage low, otherwise it will go to the early order wall support 59000 and the limit position of the backtest 56000, but no matter how it is corrected, the price is no longer chasing short near 60000 and below, the spot is considered to enter in batches, the next target is 75000-80000, the contract is more to see and move less, if the early stage is just to give the contract trial and error point, then this spot opportunity must be worth trying