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As we expected, the market has been pulling back and forth. This morning, we first took positions around 78,400 and bought into 77,200 to lock in a 1,200-point gain. Then we flipped directly to a long, held it until 78,400, and again locked in a 1,200-point gain. At midnight, we entered a short again at 78,500 and held until our target of 77,000, taking another 1,500-point gain. We executed multiple long setups during the day, for a total of 3,900 points captured. Recently, the market has been extremely easy to trade—when you enter, it’s like picking up gains. With this much room, the position size can be at least ×2×3.
There’s really nothing much to talk about regarding the price action. Resistance above is still present. Combined with recent news, the coin price will likely see a slight pullback. So we’ll first trade according to the current trend—catch the first pullback. Then, once the market’s price action develops, we’ll bottom-fish and go long.
This morning, big BTC continues to short from 78,500 to 79,000. Watch 77,000. Ethereum from 2,335 to 2,370 short. Watch 2,270. #Gate13周年现场直击 #WCTC交易赛瓜分800万USDT #以太坊Meme季卷土重来