The big cake has broken through the strong pressure level, and the market has reversed to be dominated by bulls. Be cautious about shorting afterwards.
The volatility is not large over the weekend, so let's talk about it briefly.
Yesterday's bullish level was 62800 and 63500. I am optimistic about the situation of pulling up first and then smashing.
However, if it breaks through 64000, the strategy will fail. In other words, you can no longer short, or you should stop loss at this position.
When it broke through 61800 yesterday, I chased a long order and sold it near 63500, and then made a short order.
The stop loss was set at 64000 and the take profit was set at 61800. Then I took a break.
I saw in the morning that the highest hit was around 65000, so this short order was lost.
The current market trend is actually equivalent to no second exploration after all, and my long-term strategy has broken through one wave in advance.
So I quote this article from last week. I currently hold about 30% of my spot positions and have not moved.
I did not reach the ideal heavy position of 54,500, so I did not increase my position.
From the current market situation, there is a high probability that it will go unilaterally.
But I personally feel that unilateral trading is not easy for contract players, and it is easy to lose money.
Because unilateral trading is different from oscillation, support and pressure levels, including technical indicators, often do not work.
So the entry point is difficult to control, and the stop loss point is difficult to set.
So next, I may arrange a low-multiple long-term trend order, or focus on spot operations.
Recently, the liquidity is low on weekends, and I generally do not trade, mainly resting. I will roughly talk about the several positions that I am optimistic about at present.
There is a pressure level of 65,500-66,000 above, and it will fall back to 62,800 or 61,800. Support and resistance conversion.
For the long term, we still look at 68,000 mentioned in the previous article. The top of the daily downward trend.
Strong breakthrough of 69,000, looking at around 71,500 and breaking new highs.
Specific daily market analysis will be updated normally on Sunday night or Monday.
