Personal assessment & opinions about $BTC on the evening of December 8:
- Today is the last Sunday of the week, and the market is still moving as per my previous assessments, so I won’t go into detailed analysis by each timeframe. Instead, I will provide a general assessment along with my personal opinion. Everyone should take the time to read my recent assessments.
- Today, I still believe that the market will close with a green candle. Or if it closes with a red candle, it will have a long wick and close in the range of 996-997 with a small volume, which would be very nice for tomorrow at the start of the week when the market might test the 98k range again and surge.
- Because of this assessment, when the market dropped to the 98k range earlier, I didn't sell my holdings but instead added a bit more. You can check my copy trading section to see which positions I’m holding.
- Earlier, I called on everyone to enter at $SEI , and I also entered with a volume of about $3,500 and moved the stop loss down to the 0.65 range. This means a stop loss level of around 8%. The target is from 0.8 to 1.2$ (profit level of 15-80%). When trading Altcoins, it's better to diversify your capital across multiple coins with the mindset of "1 small loss, 2 big profits" rather than the opposite. If you happen to get a junk coin, just accept a small loss.
- But I must say that I don’t think I will lose on this trade. Because this is when the market needs capital inflow, so most coins will be pushed up randomly.
- This is also a great opportunity, so if you have already secured a good price, try to hold for more significant profits before closing. Don’t close after making 10-20% profit while holding onto losses of 30-50%.
Please take a look!