Market Review [Why do I always watch your stop loss?]

Before reviewing the market, I actually want to ask everyone a question: why, in the case where the market was rising yesterday, was the selling pressure greater than the buying pressure? If you can sort out this logic, the essence of the problem will become much clearer to you, and you will understand why the subsequent eyes keep hitting your stop loss.

First, let's look at yesterday's high point. The pressure level at the high point yesterday was around 95500, with a basic deviation in the 100 range. Moreover, 95500 is precisely an area of weak liquidity; prices will definitely not stay here, and it will quickly break through or reverse, aiming to break up to touch 98000. If you are eyes, would you do it this way? Just taking the consolidation time and space of the fourth wave in wave theory, it doesn't match either. The sell orders aren't enough; why would it go up? Is it going to slam the door down?

Alright, based on this reasoning, we have obtained a high probability reversal, and we have good validation. Let's take a look at the chart below, where we see the red three soldiers, which is a typical buy dominance. However, I mentioned that the 4th wave will not end that quickly; it should occupy at least more than half. Then, in the next candlestick, we got a doji, and importantly! Here, the eyes have knocked out the stop loss point of the previous sell wave, which can be clearly seen on the heatmap. (Chart 1)

The low point is shown in the picture below, and the eyes are staring at you, still messing around in that frame. Moreover, I mentioned a week ago, including yesterday, that Bitcoin will definitely step on the 92000 area again. As for how far it will go, no one knows, we can only make judgments based on real-time liquidity. Currently, 92700 seems to be holding, and what it will do next will be discussed later in the technical analysis. (Image two)

There's not much to say about issuing Ethereum internally; Bitcoin is just a barometer. Overall, it's consolidating in the range of 1730-1830. Just one more thing to add, you must learn to draw; only then can you generally understand where the entire vague trajectory lies.

Yesterday, the internal report provided three scenarios with an average of only 70%, which is quite unfortunate. However, overall, Bitcoin gained over 700; Ethereum nearly 30, which is acceptable. But last night, just before going to sleep, we seized an opportunity and secured over 50 points of space, cheers! (Image three)