$BTC #今日思路 11.2, What should retail investors do!
It can now be said that we are at a critical moment of explosive margin trading or waiting on the sidelines!!
There are views from internationally renowned KOLs:
"I will not trade until the election is over, it's no different from gambling!"
Some whales continue to increase their bets on Trump. There are also whales continuously selling off!!
So, will you choose to wait or place your bets?
In terms of thought process:
1. Trump currently still holds an advantage, although Harris might play dirty, the outcome is uncertain,
2. Any major speculation brings endless high levels of greed and fear, and the market will turn into high volatility; think about last year's ETF event and this year's halving!
Based on yesterday's trend, we can already see today's direction!
So in terms of strategy:
I recommend that if retail investors want to participate, most brothers should not speculate with a few thousand USDT positions; if you don't take risks, how can you make big profits!!
In terms of trend, it has already shifted to high volatility, so it's simple, just use yesterday's trend as the baseline.
Today's strategic thoughts: "Trade around 68800, short at 71610. Set your stop loss at double the distance, once it hits the target, exit without being greedy. 716 should feel familiar; that was the key point we emphasized last week. What if it breaks above or drops below these two levels? It's simple: if it breaks and holds above, go long; if it effectively breaks down, go short. According to the strategy above, even if it breaks the range, the loss won't be much, and you've already made profits earlier."
On altcoins: doge, floki, neiro, plople. These have 20x positions, with 2%~5% allocation.
Expand the liquidation point to be lower than the previous daily low.
Of course, choose two that you trust, and don't open too many contract positions to avoid liquidation.
When trading altcoins, remember not to be greedy!
