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Bitcoin's decline is unstoppable, will non-agricultural data trigger drastic market fluctuations?

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东晨
09-05
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The current market trend is indeed full of uncertainty. Some people say that the current market is awkward for both long and short positions. The risk of long is high, and short seem to have gone through a period of time. The downward trend is already very obvious. The market has been exploring downwards, as if it is being compressed step by step, and the market's decline is likely to test the low point of August 5, forming a new box.

Nowadays, the release of data has made the market arbitrary, and the emotions of retail investors have been repeatedly influenced, as if they were being manipulated. When should I enter the market and when should I not enter the market? This is a question that every investor is thinking about. Although the market has frequently experienced pin-spiking recently, the overall direction of the market is still unclear. The market adjustment is still continuing. Don't rush to operate, keep your hands steady, look for the right time, and wait patiently for the market to bottom out.

Some people predict that September will be an important node in the market, especially before the important employment data and non-farm data are released, the market sentiment is still unstable. The non-farm data will be released at 8:30 on Friday, and we may witness large market fluctuations, like riding a roller coaster, ups and downs. The market at this time may be very intense, and whoever can seize these opportunities will make a lot of money.

We know that after every sharp drop, the market will rebound. Although the short-term direction is unpredictable, the rebound shows that there are still active participants in the market. New funds are always pouring in, but those retail investors who operate without restraint often become victims of market fluctuations. It is just like the old saying goes: "The money of ordinary people is often a tool for the rich to get richer."

Under the current situation, the market direction is still unclear. The best strategy is to keep a light position, especially before the 16th. It is not recommended to long with a heavy position. Mid- and long-term investors can wait until the market really finds a low point before buy the dips the bottom. This is a more structured operation. Don't rush for success. After all, you can't get the hot tofu in a hurry.

The market is waiting, especially for the results of non-agricultural data. Why are the market makers not in a hurry to pull up the market? Investors need to think about these issues clearly before taking action, rather than acting on impulse. The market is playing a psychological game. When everyone is confused, it is the prelude to a big move in the market.

Don't let the short-term fluctuations of the market affect your mentality. Missing an opportunity is not terrible. What is terrible is chasing the rise and falling and being harvested by the banker. Waiting for the right time to enter the market is the strategy for long-term survival. To truly profit from this market, investors must be clear about their positioning and strategy, otherwise they will be led by market sentiment. Patience is the key, and opportunities will come again.

Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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