Good weekend brothers, at first glance the market has plummeted, but the positions remain as steady as Mount Tai!


One sentence: without position management, most people would have been liquidated in this wave! If you have done position management, even if caught in the decline and not adding to your position casually, even if you haven't set a stop loss, then a simple T+1 rebound will bring you back;
The profitable trades this week are not repeated here, directly following up on a few key points everyone cares about!
BTC on Friday at the 79,050 level or the 78,800 level long positions, already indicated on Friday night, if by Saturday morning it cannot hit the minimum take-profit range of 79,700-79,800, then exit to preserve capital; Saturday morning again prompted BTC to exit to preserve capital, so this BTC trade has normally exited to preserve capital;
For those who haven't exited to preserve capital, if the 78,500 level breaks down, further downside should also trigger stop-loss, with less than 1% stop-loss being completely acceptable, to take a step back, if you haven't set a stop loss, then don't rush to add to your position, wait until Monday's early and evening sessions to decide whether to add or not!
Some small partners went long on ETH at 2250/2240, and late Friday night, if it rose to 2230-2240, you could stop loss and exit, and Saturday morning again indicated this range, hitting 2230 twice yesterday morning, with a chance to stop loss within 1%!
Yesterday morning, already suggested canceling the order at 2195 for Friday, because the strategy's effective period generally lasts until 9:30 AM the next day, this point has been repeatedly emphasized and noted!
For those without a stop loss, just like Bitcoin, as long as your position size is reasonable and you don't randomly add to your position, since you choose not to stop loss or cancel orders, it indicates you are optimistic about the future market, so you need to patiently wait for indicators to recover, short-term indicators show a rebound demand, then consider adding or waiting to recover costs or even profit;
But I want to tell you, I do not recommend acting without following the strategy, because while holding positions won't blow up your account, it will severely tie up your funds, leading to future frustration, and the utilization and turnover rate of funds will be greatly wasted!
AAVE, some small players long at 96, pushed up to 101.3 without reducing or protecting capital, now no rush to add, just watch the 89-90 range, which is our estimated second addition zone, but if after adding you hit a liquidation price, you can skip adding; if not, you can add, for spot holdings, just hold tightly, add if needed!
XAU on Friday night had a bottom position long at 4555, hold until Monday, stay patient, this trade still has confidence to make money!
BTC support/resistance levels: 78425 / 76915 / 75475
Honestly, if Bitcoin breaks below 75,475, I will look for opportunities to position in spot trades for a swing; declines only excite me, not panic me. For spot traders, only declines are opportunities;
ETH support/resistance levels: 2225 / 2170 / 2055
You never know until you see, but now it’s super tempting—ETH right now is a textbook example of a retest of the bottom support trendline, with 2170 as the unbeatable bottom support line. If it were Monday to Friday, I would have already respected this with a short position!
Trading advice does not constitute any investment basis: stay calm when trading, such market conditions are nothing in your trading career; compared to last year's crash before the Spring Festival at 1011, this decline is not even enough to fill a gap. Stay calm, only when emotions are stable and thoughts are rational can your subsequent trading plans be free from FOMO and be reasonable!
bitcoin: native ethereum: native ethereum: 0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9
BTC-1.04%
ETH-1.67%
AAVE-0.85%
XAU-0.33%
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jimmychen
· 1h ago
BTC-ETH Consolidation
BTC currently reports 78,000
ETH consolidates, currently reports 2,185
From the candlestick chart, the bulls are pushing higher, but the momentum is clearly insufficient,
a trap for misleading guidance.
It is recommended to take positions around the consolidation area of BTC 78,000 and ETH 2,185,
appropriately initiating the first position, with a bearish trend outlook.
Set a proper stop-loss.
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jimmychen
· 1h ago
BTC-ETH Consolidation. BTC is currently trading at 78,000, while ETH is consolidating and currently trading at 2,185. From the candlestick chart, the bulls are trying to push up, but the momentum is clearly insufficient. This can be a bait-and-trap. It is recommended to accumulate positions near the consolidation levels of BTC 78,000 and ETH 2,185, and open the first position appropriately. The trend outlook remains bearish. Set a stop-loss.
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HighAmbition
· 1h ago
thnxx for the update
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