The highest price of Usual short-term Tiandizhen is $1.2073 and the lowest price is $0.645, which brings great fluctuations to market sentiment. Many newbies who have just entered the circle are prone to emotional trading at this time. Remember this sentence "Never make a decision when you are emotionally unstable". In order to avoid losing your chips and money in this fluctuation, a recommended strategy is specially put forward for reference.
1. Analyze data foundation
Highest Price: $1.2073
Lowest price: $0.645
The current market fluctuation range is large, indicating that there is strong speculation in the market.
2. Selling strategy in batches (with the goal of maximizing profits)
The first batch: locking in profits at high levels
Sell 30% of tokens, target price: $1.18-$1.20.
Reason: This is close to the historical high. There may be selling pressure in the market, but there is still the possibility of a short-term breakthrough.
The second batch: reducing positions at psychological barriers
Sell 40% of tokens, target price: $1.10-$1.15.
Reason: The market may form a trading concentration area around the psychological barrier of $1.10, which is suitable for reducing positions in batches to avoid subsequent pullbacks.
The third batch: Flexibly observe the market
Sell the remaining 30% of tokens, target price: $1.05-$1.08.
Reason: If the price fails to maintain a high level, this range is an important point to take profit and avoid profit taking.
3. Bottom-picking strategy (reduce costs and increase chips)
Reasonable bottom-fishing range
Suggested price: $0.65-$0.70.
Reason: This range is close to the historical lowest price and has strong support, making it suitable for building positions in batches to control risks.
Adjust the buying point carefully
If the price falls below $0.645 but does not rebound quickly, you can wait for the price to stabilize before considering buying at a low level.
4. Risk control suggestions
1. Pay attention to trading volume: When prices rise or fall, if they are accompanied by high trading volume, it indicates that market sentiment is strong and the trend may continue further in the short term.
2. Set a stop loss point: If the price falls below $0.60 and there is no obvious sign of rebound, you can choose to stop loss to avoid potential greater risks.
3. Be flexible in responding to market fluctuations: Pay attention to the market depth and pending orders on Binance in real time and adjust your selling plan.
Summarize
It is recommended to sell in batches and buy at the bottom according to the number of positions you hold. Follow me and I will do my best to help you balance short-term gains and potential callback risks to maximize your profits. If the market fluctuates abnormally, please adjust your strategy in time to ensure that your profits are in your pocket!