2024.12.29 Weekend Simple Chat

This morning the market surged for a while, pretty much in line with what we said about maintaining a fluctuating pattern over the weekend, with ups and downs coming and going. After some deep squats, it surged and then retreated, just that simple, a perfect wave yesterday and today!

Always remember the long-standing weekend strategy. Do not fantasize about the pattern during the weekend; exit at 80% of available space, while keeping the principal amount safe. This action can perfectly avoid risks! It must be done!

On Friday and Saturday, I continuously emphasized that the first key point for BTC was at 93850, which was hit early Saturday morning, and the highest rebound reached 95700, providing about 2000 dollars of space. This completely aligns with our long-standing weekend strategy of entering on Friday and Saturday, then taking profits on Saturday and Sunday before Monday's surge!

Yesterday, platform coins made a strong move, and many altcoins saw significant increases. Most were relatively standard; those doing swing trades should take their profits, but be sure to keep 20% of the principal. This portion of the chips should be held long-term, referring only to spot trading. The more such operations you have, the more low-cost chips you accumulate, allowing you to gain excess profits later!

Yesterday’s levels are still valid; just continue to follow yesterday’s strategy!