Good weekend brothers, at first glance the market has plummeted, but the positions remain as steady as Mount Tai!

One sentence: Without position management, most people would have been liquidated in this wave! If you have done position management, even if you're caught in a decline and haven't added to your position, as long as you don't casually add more and don't set a stop loss, then a simple rebound of just one T will bring you back;
The profitable trades this week won't be repeated here, just directly follow up on a few key points everyone cares about!
BTC on Friday at the 79,050 level or the 78,800 level long positions, a reminder was given on Friday night, if by Saturday morning it cannot hit the minimum take-profit range of 79,700-79,800, then exit to preserve capital; on Saturday morning, a second reminder was given to exit BTC to preserve capital, so this BTC trade has already been closed at break-even;
For those who haven't exited at break-even, if the 78,500 level breaks and the price continues to probe lower, stop-loss should also be considered, a loss of less than 1% is completely acceptable, to take a step back, if you haven't set a stop loss, then don't rush to add to your position, wait until Monday's early trading session and evening performance to decide whether to add or not!
Some small partners in ETH have longed at 2250/2240, and on Friday night, if the price rose to 2230-2240 in the early hours, you could stop-loss and exit, a second reminder was given on Saturday morning to run within this range, and yesterday morning it hit 2230 twice, offering a chance to stop-loss within 1%!
Yesterday morning, it was already advised to cancel the order at 2195 from Friday, because the strategy's effective period generally lasts until 9:30 AM the next day, this point has been repeatedly noted and emphasized!
For those without a stop-loss, just like Bitcoin, as long as your position size is reasonable and you don't blindly add, since you choose not to set a stop loss or cancel orders, it indicates you are optimistic about the future market, so you need to patiently wait for indicators to recover, and if short-term indicators show a rebound demand, then consider adding or waiting to recover costs or even profit;
But what I want to tell you is, I don't recommend acting without following the strategy, because while holding positions without liquidation risk, your funds will be severely occupied, leading to a situation where you can only watch helplessly, and the capital utilization rate and turnover will be greatly wasted!
AAVE, some small players longed at 96, pushed up to 101.3 without reducing or protecting profit, now there's no rush to add, just keep an eye on the 89-90 range, which is our estimated second addition zone, but if after adding you hit liquidation price, then don't add; if not, then you can add. For spot trading, just hold tightly, and add if necessary!
XAU on Friday night had a bottom position long at 4555, hold until Monday, stay patient—this trade still has confidence to make money!
BTC support/resistance levels: 78425 / 76915 / 75475
Honestly, if Bitcoin breaks below 75,475, I will look for opportunities to position in spot trades for a swing; declines only excite me, they don't scare me. For spot traders, falling is an opportunity!
ETH support/resistance levels: 2225 / 2170 / 2055
You never know until you see it—seeing this is super tempting. At this moment, ETH is exactly a classic retracement to the bottom support trendline, right? The 2170 bottom support trendline is invincible. If it were Monday to Friday, I would have already respected this with a short position!
Trading advice does not constitute any investment basis: stay calm when trading. Such market conditions are nothing in your past trading career. Compared to the big drop before the Spring Festival last year at 1011, this is not even enough to fill a gap. Stay calm, only when your emotions are stable and your mind is rational can your subsequent trading plan be free of FOMO and be reasonable! $BTC $ETH