Review of October 20
Teacher's Plan
Plan Overview: The plan released by the teacher on the weekend of October 20 indicates that next week's trend will experience significant ups and downs.
Operational Strategy:
Rapid Surge: When seeing a rapid price increase, be willing to sell.
Rapid Plunge: When the price is rapidly decreasing, decisively buy.
Partial Selling: It is recommended to sell a portion every time the price increases by $500-1000.
Market Performance
Rising Phase: The market price rose from 682xx to 695xx, successfully increasing by over 1300 points, with more than 2 selling opportunities.
Falling Phase: The price then dropped to 665xx, retracing over 3000 points.
Profit Opportunities
Successful Execution: Friends who executed the selling strategy during the rising phase could lock in profits.
Short Position Opportunities: During the falling phase, if friends executed a short position, they could also achieve considerable returns.
Summary
Through the teacher's guidance and strategy, everyone seized multiple profit opportunities in a volatile market. This flexible approach to market changes can help everyone continue to profit in future trades. Hope everyone stays alert in the upcoming trades and seizes more opportunities! $BTC #BTC