2024.9.19 Funds: 50052U
50,000 U again, I'm back!
After repeated ups and downs, I still returned to this position. This wave of returning to 50,000 is not particularly good, mainly because CKB's retracement climbed up. At present, SUI is shorted and trapped again! ! !
If SUI retracements, I feel that there is hope to hit 52,000 U! But in the short term, SUI's trend is very strong. It seems that it depends on whether the pressure level around 1.45 is broken. If it fails to break through, the probability of retracement will increase.
CKB currently has a large number of short positions. In the short term, it is around 0.015. If it breaks through 0.185, you can stop loss to operate. The previous rise was quite fierce, and the dealer felt that it was time to ship out. In addition, BTC is now at a high level.
If it is not the violent rise that drives the rhythm, I personally think that shorting is a good choice at present.
Looking at BTC, the current trend of BTC is not bad. It rushed to around 62,500 and then retreated. It is normal to have a retreat adjustment after the rise. The previous 61,500 has also been converted from a pressure level to a support level.
You can open a short position near 6.15 if you are bullish. It is not recommended to rush directly to the high position, as the risk is relatively large. Of course, if you are willing to gamble, you can go long near 6.15, and you can see around 6.5 after successfully breaking 6.25.
The current market trend is relatively strong. Many people with heavy short positions have been liquidated, and only a few have made money. Now is the opportunity to buy the bottom of the short position. The opportunity to open a short position has come now.
Now open, use the profit to roll the profit, and bring a capital protection stop loss. This operation method is very stable. Of course, if the market rises, the position should not be too heavy. You can also operate in the replenishment band, or wait for the market to pull back and make a profit before closing.
Positions
Short: CKB, SUI, FTM
Long: FLOKI, W, BONK, WIF
If you don't take risks in anything you do, you will take more risks.
