Before a real big wave starts in the market, the market usually goes through a Whipsaw phase where the trader's goal is to wash the retail investor's chips through frequent oscillation. For example, when the price of Ethereum reaches 3700, if you do not take profits in time, you may face a sharp downturn that makes you regret. If the prices rise again to 3700 after the market recovers, will you consider selling? If you are able to endure and not sell, there will be another significant downturn until it reaches 3300, will you feel regret? If the price rises again to 3700 at this time, will you choose to take profits? I believe that most retail investors will choose to take profits. Even if the retail investor holds on, the chips will be completely washed with market oscillation. The market maker will use big data analysis, and when the retail investor's chips are completely washed, the market will be activated. This is why a retail investor who trades frequently often incurs losses, because the market maker deeply understands the weakness of human nature.
💎 💎 The unemployment rate for December in the United States, as well as non-farm payroll data, will be announced tonight. The unemployment rate in December was 4.20% in the previous value, and it is expected to be 4.20% as well. The seasonally adjusted non-farm employment value in December in the United States was 22.7 in the previous value, and it is expected to be 16. If the results exceed expectations, it is negative, and if they are below expectations, it is positive. If they are in line with expectations, the impact will not be significant. Currently, many digital currencies have stopped at important points of decline, and in the case of sharp decline, there will be rebounds, and the extent of the rebound depends on the non-farm payroll data tonight. Manage your positions in advance and wait patiently for the evening data announcement.
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Before a real big wave starts in the market, the market usually goes through a Whipsaw phase where the trader's goal is to wash the retail investor's chips through frequent oscillation. For example, when the price of Ethereum reaches 3700, if you do not take profits in time, you may face a sharp downturn that makes you regret. If the prices rise again to 3700 after the market recovers, will you consider selling? If you are able to endure and not sell, there will be another significant downturn until it reaches 3300, will you feel regret? If the price rises again to 3700 at this time, will you choose to take profits? I believe that most retail investors will choose to take profits. Even if the retail investor holds on, the chips will be completely washed with market oscillation. The market maker will use big data analysis, and when the retail investor's chips are completely washed, the market will be activated. This is why a retail investor who trades frequently often incurs losses, because the market maker deeply understands the weakness of human nature.
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The unemployment rate for December in the United States, as well as non-farm payroll data, will be announced tonight. The unemployment rate in December was 4.20% in the previous value, and it is expected to be 4.20% as well. The seasonally adjusted non-farm employment value in December in the United States was 22.7 in the previous value, and it is expected to be 16. If the results exceed expectations, it is negative, and if they are below expectations, it is positive. If they are in line with expectations, the impact will not be significant. Currently, many digital currencies have stopped at important points of decline, and in the case of sharp decline, there will be rebounds, and the extent of the rebound depends on the non-farm payroll data tonight. Manage your positions in advance and wait patiently for the evening data announcement.