24.11.25 Bitcoin Afternoon Analysis
【Market Review】
The daily K-line of Bitcoin has already experienced 2 downtrends, last night it dropped to a low of 958,
we had a maximum floating profit of 2500 points. Today, the weekly K-line opened and was pulled back again. Currently around 983,
there has been quite a lot of back-and-forth trading, with a fluctuation of 3K points up and down. If short-term traders want, they can choose to make a swing trade around 958-995.
However, for long-term traders, we will not take action!
【Bitcoin Afternoon Analysis + Feeding Operation】
Currently, the average price of Bitcoin is around 979, with a position of 20%.
Since it has gone up, it gives short sellers an opportunity, just short it and that's it.
Plan orders:
Enter short at 98801 with 20% position
Enter short at 99476 with 20% position
Total position: 60%
Stop loss: 99888, 1500 points
Take profit 78000, 21000 points
Profit and loss ratio: 20:1
The position is made for cost-effectiveness; filling one order means basically no need to open orders for half a year.
There will be risks, depending on personal choice, profit and loss are at your own risk!
【Ethereum Afternoon Analysis + Feeding Operation】
The short position given last night at 3365 has already been taken for profit,
but I personally chose not to swing trade.
The other plan above needs to be readjusted:
Plan orders: short-term orders
Enter short at 3411 with 20% position
Enter short at 3432 with 20% position
Stop loss at 3460!
