Today, during the day session, the bulls organized their strength and broke through three important short to medium-term resistance lines at 91000-91600-91950 in one go. There's a saying: the current market is getting more and more chaotic. What is the use of resistance levels? They are meant to be broken! Just break them and draw a door! The operators won't let anyone off the hook in the short-term battle between bulls and bears! I mentioned in my post before bed last night that I was bearish but didn't short; instead, I chose to set a ridiculous low long order before going to sleep! The overall direction is very clear, it's a bullish market. Although the bull market will keep rising, the probability of sudden dips is also frequent! Pulling it up so high will confuse everyone. If there's no back-and-forth wide-range cutting, how can it justify the operators' efforts in rapidly pushing the market up for a week? Since a major drop won't happen for now, remember to mainly accumulate by going long at lower levels!
Short-term strategy: make profits and run. Although there have been several significant fluctuations of 5000-7000 points recently, it's not possible to have huge swings every day. Find the right position and comfortably choose a small range of 1200-1800 points, that's still very appealing!
Don’t bite off more than you can chew! Don’t use high leverage and large positions; if you want to be greedy, go for spot trading with SOL and ETH, and wait for next year's big expectations! There's no need to hold short contracts hoping to make a fortune in one go!
Recently, many good brothers have started to feel sick inside, being seduced by various counterfeit schemes promising hundreds or thousands of times returns, always thinking they are the chosen ones about to be rewarded by the heavens! While such opportunities might exist, not everyone can be favored! On the contrary, this harvesting ground is full of people trying to snatch your bowl of rice!
I believe in holding my own bowl steadily, achieving daily profits, and through the compounding effect over time, when this bull market cycle ends, you won’t leave empty-handed. Those with small capital can prepare psychologically and financially for the next wave of the bull market! If you don't make money, who will? Isn't it better than being completely disarmed?
Contracts need to be watched closely! Make the right moves! Run fast! Always be cautious! Remind yourself that even if this trade doesn't make me money, I can't ruin my own meal by taking a loss!
Tonight's night session has a high probability of continuing to break through previous highs!
Stay focused and don't get lost, like, comment, and increase your wealth!