fed digital currency july 2023, Knowledge graph

Judging from the K-line chart, a new Yinxian line is actually a false Yinxian line. As I said yesterday, there is a great possibility of opening higher today, but opening higher does not mean that we can catch up. The trend of K-line on October 8 is still vivid, and investors should keep it in mind. There may not be many people chasing up today, but after a baptism of rising and falling, the process is still uncomfortable.If you are a "steady investor", it is suggested that you don't rush to act first, and then make moves after seeing the situation clearly to ensure the margin of safety.However, the main force's strategy today is to continue selling after opening higher. They don't care about the specific point of opening higher and are determined to sell. When your expectations are inconsistent with the behavior of the main force, it is you who will eventually suffer.

Are you ready for tomorrow's transaction? How to arrange your position? Is there a high throw plan when the market rises? Is there a plan to cover the position when the market falls?For me, this wave is done again. Tomorrow, a new journey will be started.The core of value investment is to buy undervalued sustainable assets, time is your friend and impulse is your enemy = stable investor.

Finally, I make some model deduction for the future market trend. I maintain my previous view that the market needs quantity to be released before it can choose its direction. Although the volume can be released today, it is mainly the result of the main selling, not the buying volume. If the volume can surpass today in the later period and the market index closes higher than today's highest point (3494.87 points), this may become a new starting point.Before there is a clear signal:For me, this wave is done again. Tomorrow, a new journey will be started.