Run within the range of 9.25 and 8.95W, do not chase highs or lows, just participate in high shorts and low longs!
The market has become extremely greedy and fearful, with the index reaching 90. Those who are bullish and chasing highs are becoming increasingly crazy, so every pullback takes away a large wave of bulls! Really, don’t get overly excited just because the price has gone up, you need to ensure your longs are safe enough to withstand a major pullback of four to five thousand points, otherwise, if the longs are profitable, take partial profits and continue to enter during the pullbacks! Don’t guess the top, don’t fear heights, but also don’t mindlessly chase highs!
In the past 24 hours, the number of liquidations has exceeded 116,000, with a total liquidation amount of 340 million USD, of which the bulls account for the majority, with liquidations totaling 210 million USD. Be sure to strictly control your position, otherwise, in yesterday's rollercoaster market, chasing highs and lows can easily lead to back-and-forth liquidations!
For upper resistance, pay attention to participating in short positions around 92500, with a stop-loss at 93500, and targets at 91500, 90500, and 89500.
For lower support, pay attention to 89500 and 88500. Participate in longs at 89500 and 88500, with targets at 91500, 92500, and 93500, and a stop-loss at 88000.
For short-term operations, reduce positions with a profit of 1000 points, and exit with a gain of 3000 points. Do not chase highs, and especially do not chase lows. Until the range breaks out, operate within this range. #市场围绕90K $BTC