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Monday, the Great Way is simple, unity of knowledge and action
Familiar Monday, expecting a jump, this reminder even if you haven't followed my bullish logic, can help you avoid the risk of shorting. These days I keep warning in the live room to be cautious about shorting, repeatedly emphasizing that the longer the horizontal, the higher the vertical. The value of this phrase is self-evident. Bitcoin long positions have won big, gaining 2000 points, and Ethereum has perfectly reached 2380. I just want to ask you, is that enough stability?
Bitcoin's early trading today was like a roller coaster, soaring from 80,200 to break out sharply to around 82,500, then facing resistance at the high point and falling back, dropping 2,000 points. It truly proves that the price hasn't changed, but the positions are gone. Do you have deep experience with this? As the saying goes, riding the trend lightly, going against the trend chaotically. I tell you to go long, I also tell you why to go long, but if you ignore good advice, there's nothing I can do.
Setting aside the news factors, I reaffirm my general plan for this week: from Monday to Wednesday, mainly focus on low buy-ins; Thursday and Friday, adjust the strategy and short on rallies. This month has been dominated by fear driven by news, with false and true difficult to distinguish. So we can't trade with old cognitive patterns. Recently, pay close attention to the inflow and outflow of funds on the chain. This is the real gold and silver that can influence the price trend. Don't ask how to see it; the answer is to go long. Bitcoin in the afternoon slightly retraced to the 80,300-80,650 area to buy, target 81,500, break and reduce positions aiming for 83,000. Ethereum's same strategy: buy above 2,320, first target 2,380, and if broken, aim for 2,465.