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《Shanzhai Pure Desire》

The WIF trend 4H chart hit a new low on Thursday, and I was very upset about getting stopped out while going long yesterday. I didn't wake up early this morning to see the early market; otherwise, I definitely could have profited from this wave of increases. However, I sent out a short signal on Friday and entered a position to make a swing.

It seems like there are some signs of stabilization on the 1H chart, so I will continue to open long positions around 3.26 as I did yesterday. This time, I will place the stop loss at 2.97, which is unlikely to get hit.

Currently, all altcoins are being traded according to the 1H signal. Bitcoin is not very stable, and the stop loss should be set to the 2-4H level. A stop loss greater than 13% is not worth taking; I will wait for better signals.

Last week, I had two or three losing trades just on altcoins, and I almost lost my confidence.