Yesterday, BTC rallied 4,000 points intraday and has now reached a significant divergence zone between bulls and bears. The chart shows that the bottom has been rising since early August and we are now at the previous high of 66,500, which is also the edge of the downtrend line. This is the area where I intend to short. My trading strategy is as follows: I entered a position at 66,500 with a 1.5% allocation. There is currently a gap of 1,200 points to the upper channel limit. When the upper channel contact point is reached, I intend to add another 1.5%. I have not placed a stop loss yet. If there is a volume breakout above the trend line and a pullback to support, I will exit the position, indicating a challenge towards 7xxxx. I am holding a small position for speculation. Currently, I have exited about 85% of all my spot positions and I plan to liquidate the remaining 15% when BTC approaches the upper channel limit. After that, any further price increase does not worry me, and I will wait for a significant drop. The chart shows that since March, BTC has experienced several sharp drops: the first drop was 22%, the second drop was 24%, the third drop was 29%, the fourth drop was 18%, and the fifth drop was 11%. Let me share a simple bottom-fishing method: whenever BTC drops 10%, buy three spot layers. If it drops another 8%, buy three more layers. Then, when it drops about 6%, buy the remaining position. After three bottom-fishing sessions, if the coin price has dropped 22%, I will start buying mainstream altcoins with good momentum.It is important to note that this method is only suitable for BTC; it does not apply to altcoins. Generally, when BTC drops 20%, many altcoins have been halved multiple times. Do not apply this method to altcoins. This strategy is suitable for players who have a certain amount of capital to buy and sell fixed. Many people see altcoins increase by 30% or 40% and think that buying altcoins is more profitable, but that is a mistake. Very few spot positions can outperform BTC. My BTC spot allocation is at least 50%, with 30% in SOL, BNB and ETH and only 20% in altcoins. Just look at the chart; how many altcoins have returned to their levels from a few months ago? As long as spot positions bring stable profits, capital safety is the most important. I used to love altcoin bottom fishing, but after being taught a lesson by OP, I'm still indifferent to any altcoin, no matter how big the claims are. I just smile and say nothing; BTC is my faith.
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