#cheems

Yesterday afternoon, the contract went live, analyzing a wave.

Before going live, there was a drop from around 1506 to about 632, a decline of nearly 60%.

From the K-line, this coincided with the neck line support level, where there was a large volume of buying that pushed the price back up, resulting in a rebound trend, which then started to fluctuate downwards, finally oscillating between 650-690.

The strategy going forward is:

For the contract, you can try to go long in the range of 650-680, with a stop loss if it breaks below 640, and take profit can be set in the area of 739-774.

For spot trading, buy in batches at 680-580-510, with take profit set above 950, which can almost double the investment.