Orla9.18 Morning Session|Bitcoin is already at 76700, missed the entry yesterday, can I still chase it today?
ORLA MARKET NOTE | Morning Market Notes September 18th, 10:43 AM Beijing time
Bitcoin is about 76,772 | Token is about 2,456 ━━━━━━━━━━━━━━━━$BTC $ETH # Opening Sentence If you ask me now: "Orla, Bitcoin is already 76,700. I didn't get it yesterday. Can I still chase today?" My answer is straightforward: No. The car has left, just wait for the next stop. Chasing after the car isn't hard work; it's taking today's risk to make up for yesterday's regrets. ━━━━━━━━━━━━━━━━ Yesterday's Market Review Yesterday, neither of the two low bull sets returned to the entry zone, so there was no trigger or trade. The market later rose because the direction was correct, not that the account gained a profit out of thin air. If you can't even calculate this account, how can you talk about stable trading? ━━━━━━━━━━━━━━━━ Market Structure You might ask: "The market has clearly strengthened, so why can't I buy directly?" I admit it's getting stronger. Both coins have risen above the 20-day and 60-day moving averages in the past hour, and the 4-hour MACD bars have already turned positive, indicating the rebound is still ongoing. But above the Bitcoin market, 77,100–77,200 is resistance, and 2,475–2,485 is also resistance. If you chase in now, you'll earn a few hundred points in the first few hundred points, but you're holding on to a pullback for the whole period. Do you really think it's worth it this kind of transaction? A stronger market doesn't mean the current position is worth chasing. ━━━━━━━━━━━━━━━━ Truly useful information today
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