11.15 evening market overview:

After the U.S. stock market closed today, BTC traded sideways at a high level in the morning and afternoon until the market began to rise at 4 p.m. Basically, copycats have been on a roller coaster these days, which makes us leeks sick. It either rises at night and falls during the day, or rises during the day and falls at night. This is also an excellent opportunity to pull back and then ship and roll the position.

The meteor line reached the red line pressure level of 90734 just after 1 hour, and then fell back quickly. This place is a strong pressure area and a chip-intensive area. There are at least 2 waves of back-and-forth double kills every day. If you don’t set a stop loss, your position will be liquidated directly. If you don’t take profit after making a profit, you will eventually take profits or even be liquidated! Therefore, we must develop the habit of stop loss when placing orders, and stop profit is not required!

Now looking at the liquidation map, the position of the central axis to the left is closer, so I feel that we will continue to explode the long orders near 89692-89759, because this is a high leverage area and an area where chips are concentrated. This also tells us that we should try to open a moderate leverage, preferably 3-5 times for novices, and it is best to stop losses! In the past 24 hours, 168,519 people were liquidated, with an amount of 504.89 million and over orders of 331.83 million!

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