《The rise is blocked ---- JUP reduces positions and exits the market》
JUP has been held for several days, and there has been no good trend. Now, taking advantage of the rebound, it is recommended to reduce positions with a small profit and exit the market, and wait for the opportunity to re-enter the market.
We first re-entered the market near 0.8450, and then the rise was blocked, and the price fell all the way, and finally reached around 0.72. It happened that our second re-entry position was also around 0.72, which pulled the average price to around 0.77.
Now you can reduce your position near the current price of 0.8, and wait patiently for a callback to around 0.7680 before re-entering the market. You can enter less at this position, and if it falls below this position, you can re-enter the market at 0.7320.
JUP and its opposite JTO, the shining heart of the same sol ecology, have an advantage and a disadvantage, that is, most of the chips are in the hands of the main players and are not circulated. This feature makes some people stop and wait, and also makes people feel that the chips are more concentrated and it will be easier to pull up.
The divergence of market opinions has led to no outstanding performance at present. When facing such a highly controlled currency, it is recommended to operate with a light position, and run fast, not greedy, otherwise it is easy to be buried
