SKYAI Trading Strategy: Cautiously Enter Short Positions, Strictly Control Risks



------

๐Ÿ“ˆ Recent Market Review

โ€ข Last night, a large influx of funds occurred around 0.23184, causing a sharp rise to approximately 0.25937, forming a clear spike, with many positions being liquidated, followed by sideways movement.

๐Ÿง Current Structure and Risks

โ€ข Price is consolidating between 0.235-0.250, with a significant disparity between long and short positions, caution is needed for another spike.

โ€ข Funding rates are decreasing, chips are dispersed, and overall market sentiment is low, which may lead to increased volatility.

๐ŸŽฏ Trading Strategy

Direction: Cautiously enter short positions, but strictly set stop-losses to prevent reverse spikes

โ€ข Entry point: Small positions around 0.250-0.255 to short

โ€ข Stop-loss: Above 0.265 (exit if it stabilizes above the previous high)

โ€ข Target levels:

โ—ฆ First target: 0.235

โ—ฆ Second target: 0.227 (hold if it breaks down, watch for liquidation triggers below)

โ€ข Position size tip: Light positions for testing, operate in batches, and strictly stop-loss if there is a sharp rise.
$BTC โ€Œ$ETH โ€Œ
BTC0.22%
ETH0.47%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments