2024.9.9 Funds: 44890U
Further small rebound is coming
Funds have come up a little bit, and the market has rebounded a little. It is not a big rebound. My position is still stable without big changes.
There are only three conditions for this wave of positions to trigger my position closing:
1. After the funds reach 50,000U, there is a big retracement
2. The profit from the rise is relatively large, and a retracement occurs when a certain pressure level is reached
3. The fall to the deeper support level below is broken
For other shocks, I will do some small position band operations to slowly accumulate my cost advantage. Of course, I may also do a wave of hedging at some pressure levels, such as rising to around 0.13.
You can open a heavier position and wait for the retracement to close it and continue to be bullish. This is also a successful way to reduce costs. Why not close it long?
Because I am optimistic about the direction of long, if the rise happens after closing, it will have a big impact on the mentality and subsequent transactions. Now it may be a little more stable to do it slowly, and the impact on the mentality is actually more stable.
It was originally made from a low position, so it is normal to fall back. If you seize the opportunity to short, or close a part of the small position, you can cover the position after the retracement and continue to operate.
BTC and ETH currently have some short-term breakthroughs, but there are still some pressure points around 55400 and 2330. If it breaks through 57000 and 2400, there should be no short-term problems.
Of course, I personally think that the FLOKI I currently hold will rise with BTC. Recently, the support below is very strong, and it rises with the mainstream market. If BTC breaks through 57000, FLOKI will see around 0.13.
Continue to hold positions and wait for the upward market!
Take risks, there is nothing to blame, but at the same time remember that you must not go all out! When there is an opportunity to make a profit, don't shrink back.
