#pepe⚡
《After Reducing Positions ———— PEPE Level Update》
Bitcoin remains steadily above the resistance level around 75800, while altcoins have begun to pull back, which is also within reason; the market will never keep rising indefinitely. A healthy pullback is necessary for better upward movement.
We entered our initial position for PEPE around 0.000001020, and added to our position in batches around 0.0000990 and 0.000081. During the rebound, we reduced our positions in batches around 0.00001040 and 0.00001090.
After reducing positions, no additional buy-in levels were provided, which is also the reason why Taka has not updated the buy-in levels in the past few days. Opportunities require patience, and it now appears that opportunities are emerging. The area around 0.00001 is an ideal level for adding positions.
A week of gains is about to pass, and we hope that next week Bitcoin's weekly close can be above 75800, which would lead us towards 78000 and 80000.