Interpretation of cryptocurrency market on Aug 25, 2022
Yesterday the market still maintained a small oscillation. As mentioned before, many tokens have fallen back to the July sideways oscillation price. There is a possibility of grinding the bottom. That is, it will not significantly refresh the new low level, continue in the July trading intensive area, shake the way through time for space, and complete the last round of bear market.
But the practice is not much different, or hold a short single bottom position, with the follow-up in the rally to add a short single to do swing. The oscillating market, regardless of the short and long will not have too much profit, and there is also the possibility of refreshing new lows, compared to the high to short more secure.
But the practice is not much different, or hold a short single bottom position, with the follow-up in the rally to add a short single to do swing. The oscillating market, regardless of the short and long will not have too much profit, and there is also the possibility of refreshing new lows, compared to the high to short more secure.