Family GM: Let's talk about this👇🏻 This analysis strategy is effective and accurate; can it still be used?

I can tell you for sure that it can still be used. Given the current situation, the resistance at the top is strong. Many people have taken profits in the key resistance zone around 73000. You should prepare to short at higher prices and operate conservatively.

In terms of operation, stay calm and lean towards conservativeness because currently, the price has surged to 73600, just a couple of hundred points away from the previous high. This indicates that the main players' goal at this moment is to break the historical high. It is critical not to short with a large position. I told everyone to short at higher prices, which means short-term gains of around 1000 to 2000 points; the position should not exceed 10% of your total holdings, and leverage should not be cranked up to a hundred times; keeping it between 30 to 50 times is sufficient, using a staggered position model.

Such operations can ensure the risk management of the family's account; even if you make a mistake, it can ensure safety. We can make profits quietly, meaning we earn wealth that aligns with our understanding without triggering greed.

Why use staggered positions?

First: It automatically sets a forced stop-loss position, which serves as a fuse for those who don’t know how to stop-loss.

Second: Staggered positions can ensure the safety of your account, preventing issues with holding positions. If you make a mistake, you can take a direct loss at the set point without suffering anxiety over holding a position. You can take a break and wait for the next opportunity; a full position could lead to a complete loss.

Third: The leverage for staggered positions can be increased later, allowing you to take out profits and continue using those profits for new trades, flexibly increasing your position size. Be aware that leverage can only be increased, not decreased.

[The staggered trading method is also a short-term method I frequently use, and using staggered positions, my record has gone from 1000U to over 80000U]

Family, in this market, there is no eternal profit in contracts. The priority is to manage risk, and then consider other factors. Keep pushing; the market will keep improving. Plan your profit strategy reasonably, do not fear the market, embrace it, and enhance your position's chips. #你问我答 #BinanceBlockchainWeek