Summary of 2022年第37次牛回！這次漲到哪？！

00:00:00 - 00:15:00

The speaker in the YouTube video discusses various aspects of the stock and cryptocurrency markets, particularly the possibility of a bull market. They analyze the SPX daily chart and identify a potential five-wave pattern followed by an ABC correction, emphasizing the importance of technical analysis . They also address the unusual phenomenon of people shorting Bitcoin during its upward movement and advise against it at present. The speaker remains cautious and suggests waiting for more clarity before taking major trading positions. They discuss the potential for a rebound after a dip in the market, the importance of monitoring market data, and the influence of the futures market on market dynamics. Finally, the speaker holds a long position and anticipates closing it at a higher level.

• 00:00:00 In this section, the speaker discusses the recent market volatility and the possibility of a bull market. They analyze the SPX daily chart and identify a potential five-wave pattern followed by an ABC correction. They consider the possibility of a further downward move, potentially breaking the previous low point around 4,000. The speaker also mentions the importance of not blindly following breakouts, as recent market behavior suggests that many breakouts turn out to be false. They emphasize the significance of key levels, such as the 1.27 Fibonacci extension, and note the importance of technical analysis in current market conditions. Overall, the speaker remains cautious and suggests waiting for more clarity before taking any major trading positions.
• 00:05:00 In this section, the speaker discusses the recent price movements and potential trends in the stock and cryptocurrency markets. They mention that there has been a dip in the market, indicated by a drop in the DXY index and a gap down in the stock market. They suggest that there may be a possibility of a rebound after the dip, leading to a potential W-bottom formation and further upward movement. However, they also caution that if the market continues to consolidate and then drops again, it could signify the end of the current rebound and a potential deeper decline. The speaker also discusses the importance of monitoring the DXY index, which has an inverse relationship with the stock and Bitcoin markets. They note that a break below a certain low point in the DXY index could indicate a potential market top, while an upward trend suggests an ongoing uptrend. Additionally, they mention the upcoming new moon and its potential impact on market dynamics, suggesting that a short-term rally followed by a pullback may present a good opportunity for shorting. Finally, the speaker addresses the unusual phenomenon of people shorting Bitcoin during its upward movement, expressing confusion about why individuals would engage in such behavior.
• 00:10:00 In this section, the speaker discusses the current state of the Bitcoin market and the possibility of shorting the cryptocurrency. They explain that Bitcoin has not yet reached its previous highs and has only risen by a few hundred dollars. The speaker believes that Bitcoin will likely surpass its previous high and continues to rise. They mention that the current market shows an increase in volume and price, indicating that both bulls and bears are actively trading. The speaker advises against shorting Bitcoin at this point, as the price is clearly on an upward trend. However, they suggest that in the near future, there may be an opportunity to short Bitcoin based on a previous pattern observed in 2018. They emphasize the importance of monitoring market data and being cautious when making trading decisions.
• 00:15:00 In this section, the speaker discusses the possibilities of whether the market will continue to consolidate or consolidate on a larger scale. They believe that after a rebound, there will be a period of consolidation, followed by a probable upward movement and a possible triggering of short positions. They also mention the influence of the futures market and express their hope for a retracement of the previous high and further upward movement. The speaker notes that there are still many bearish positions that have not been liquidated and suggests that breaking a certain resistance level could lead to significant liquidation by short sellers. They mention the complexity of the market and the need to consider price action and order flow data when making trading decisions. The speaker concludes by stating that they currently hold a long position and anticipate closing it at a higher level.