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On the evening of June 4, the opening strategy, the exchange room for Gate fans was built, and brothers who often lose money and explode will not pay attention to me, and there is an opening strategy every day to ensure profit with the brothers, ( never open the first position more than 5% of their total funds, otherwise the leverage will be raised, and a sudden surge and dip will not be able to hold it at all, and always leave themselves a chance to catch up and pull the average price to save themselves ) ( The next strategy is just a suggestion, flexible changes independently )
Strategy for long positions in BTC for the evening of June 4 (, open a position according to your own risk appetite ).
Entry into position: 104100-104600 ( total funds around 2% ) leverage 100X-125X
Exit point: 105500-106000 ( if there is profit, leave, don't be greedy )
Support level: 103000
(dip below the support level, watch for the strength of the rebound. If the rebound can close above the support level within one to two minutes, then top up margin and continue to hold the position. If after the dip the rebound cannot hold above the support level, then close the position immediately. A sell-off has a chain effect; the dip may then be a false breakout rather than a true breakout).
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BTC short position strategy for the evening of June 4 ( depending on your ability to enter the position )
Entering position: 106750-107250 (total funds around 2%) leverage 100X-125X
Exit point: 105500-104000 ( if there is profit, exit, do not be greedy)
Support level: 108750
( break through the defensive position to see if you can hold firm in the defensive position, pulling up at this time may involve removing the stop-loss or tightening the load, after the breakthrough see the pullback, if the pullback is on a wave higher than the wave, it will almost certainly be a stable breakthrough, at this time you can close the position and exit )
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