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$BTC Just now, a disciple asked me: in this market, the 30-minute MACD has crossed above the zero line, and the hourly MACD is also about to form a golden cross—does that mean the market is going to rise?
The last time there was a surge, both the hourly and the 4-hour charts were in bullish-looking indicator formations, but this time the 4-hour is bearish; the hourly KDJ has topped out, the MACD hasn’t formed a golden cross yet, and after all, it’s right around the zero line. Also, there were 2 bullish candles on the volume, and the upper Bollinger Band is flat, pressing down.
In this kind of situation, first wait for this hour’s short-side energy to release, observe how the price action develops, and then decide. The mid-term indicators lean bearish; if the short-term indicators have a chance to turn bullish, then as long as the mid-term indicators release the short-side energy and the market can’t drop further, the later release of long-side energy can push up to cap it—and slowly, there will be an opportunity.
Of course, at this point we also need to watch that once the short-term indicators turn bearish, then you should short.
As the saying goes, the market is grinding heavily right now, and the time-frame indicators are too sticky and stuck together—so it’s not easy to analyze. So don’t be aggressive; just seek stability. Wait until the indicator changes are clear before entering the market—it’s not too late.
The amount of fluctuation is only those few points. If you get aggressive and put in a stop-loss but you’re wrong, you could lose a few hundred points—you’d be losing more than it’s worth. If you want to say that in the past the fluctuations were thousands of points, even several thousand, then being aggressive with a stop-loss and making an early judgment wasn’t bad, especially when the market had room to move and the indicator analysis and predictions were quite accurate. But that’s not the case now; the times are different. Be honest with yourself.#Gate广场四月发帖挑战