Regarding the current market situation, I have three points to remind:


Don't chase short positions near the support level. The risk-reward ratio at this position is poor, and if it bounces, you could easily be caught off guard.
Also, don't rush to heavily buy the dip. Wait until the price returns above 79,900 or a volume-driven bullish candle appears.
Stick to the range-bound thinking. The current market is just a random fluctuation within a range (78,700–80,200); you can buy low, but with a stop loss.
The last honest point:
The easiest way to lose money in this market is to be scared by a spike and chase short, then get wiped out by a rebound. Doing nothing is better than doing it wrong. $BTC $ETH
BTC-1.29%
ETH-0.88%
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
  • Pin