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Bitcoin hits a new high again, bull market restarts
Bitcoin and Ethereum have stretched across the board, can we short at this price?
In the evening, I also provided a bullish trend for Bitcoin in advance, after all, the daily level has shown seven consecutive greens. At 99,000, I suggested entering long positions. Before the US stock market opened, there was a slight pullback, with the lowest price dropping to 98,600, which was a better entry point for long positions. After the US stock market opened, it rebounded to a maximum of 102,400. I wonder if you managed to catch that wave of行情. In the evening, I recommend getting out completely and resting early.
In the past, the market was all about both bulls and bears, which is a common mistake made by novice traders. On the surface, it may seem impressive, but it can actually affect the judgment and operation of the larger trend. The support during a downturn should be used for selling or exiting short positions, rather than trying to go against the trend and bet on a rebound. The resistance during a rebound becomes the key to entering and continuing to trade in the same direction. The market changes rapidly, and one must learn to adjust their thinking in a timely manner. Knowing that the trend is upward, yet still holding on to short positions is a trading method that I firmly disapprove of.
Currently, looking at the market, there is a lot of panic among retail investors. The bullish strength is quite strong, but it is important to recognize that the main force to push down cannot be stopped. Exit at the first sign of a rebound. Lastly, I advise that when you have no clear strategy, control your positions and wait for the right opportunity, do not blindly gamble!
This month’s actual trading is focused on medium to long-term layouts, concentrating on the 90 trading system.
The undefeated battle of the gods continues! Whether in a bull market or a bear market, I hope you can achieve the results you desire. As the year-end approaches, everyone should seize every wave of行情. Finally, I wish everyone smooth sailing! #加密市场反弹
Bitcoin and Ethereum have stretched across the board, can we short at this price?
In the evening, I also provided a bullish trend for Bitcoin in advance, after all, the daily level has shown seven consecutive greens. At 99,000, I suggested entering long positions. Before the US stock market opened, there was a slight pullback, with the lowest price dropping to 98,600, which was a better entry point for long positions. After the US stock market opened, it rebounded to a maximum of 102,400. I wonder if you managed to catch that wave of行情. In the evening, I recommend getting out completely and resting early.
In the past, the market was all about both bulls and bears, which is a common mistake made by novice traders. On the surface, it may seem impressive, but it can actually affect the judgment and operation of the larger trend. The support during a downturn should be used for selling or exiting short positions, rather than trying to go against the trend and bet on a rebound. The resistance during a rebound becomes the key to entering and continuing to trade in the same direction. The market changes rapidly, and one must learn to adjust their thinking in a timely manner. Knowing that the trend is upward, yet still holding on to short positions is a trading method that I firmly disapprove of.
Currently, looking at the market, there is a lot of panic among retail investors. The bullish strength is quite strong, but it is important to recognize that the main force to push down cannot be stopped. Exit at the first sign of a rebound. Lastly, I advise that when you have no clear strategy, control your positions and wait for the right opportunity, do not blindly gamble!
This month’s actual trading is focused on medium to long-term layouts, concentrating on the 90 trading system.
The undefeated battle of the gods continues! Whether in a bull market or a bear market, I hope you can achieve the results you desire. As the year-end approaches, everyone should seize every wave of行情. Finally, I wish everyone smooth sailing! #加密市场反弹
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ETH
3,356.39
-7.79%
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