#Gate广场五月交易分享 Good weekend brothers, as soon as I saw the market crash, I saw 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 the drop and haven't added to your position casually, even if you haven't set a stop loss, then a simple T+1 will bring you back;
The profitable trades this week are not worth repeating, I will 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, already prompted on Friday night, if by Saturday morning it cannot hit the minimum take-profit standard in the 79,700-79,800 range, then exit with capital preservation;
On Saturday morning, the second reminder to exit BTC with capital preservation, so this BTC trade should have already exited with capital preserved;
Those who haven't exited with capital preservation, if the 78,500 level breaks and continues to probe lower, they should also cut losses, 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 positions, wait until Monday's early and evening sessions to decide whether to add or not!
Some small partners in ETH have longed at 2250/2240, on Friday night, if they entered at 2230-2240 overnight, they can set a stop loss and exit, on Saturday morning the second reminder to run within this range, yesterday morning hit 2230 twice, with a chance to stop loss within 1%!
Yesterday morning, I already suggested canceling 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 emphasized and noted!
Those without a stop loss are like Bitcoin, as long as your position is reasonable, don't add positions blindly, since you choose not to set a stop loss or cancel orders, it indicates you are optimistic about the future market, then you need to patiently wait for indicators to recover, short-term indicators have rebound needs before adding positions to recover costs or even profit;
But I want to tell you, I do not recommend trading without following the strategy, because while holding positions without liquidation can avoid liquidation, it will severely tie up your funds, leading to future frustration, and the capital utilization and turnover rate will be greatly wasted!
AAVE, some small players longed at 96, pushed up to 101.3 without reducing or protecting capital, now no rush to add, just watch the 89-90 range, this is our estimated second addition zone, but if after adding you hit liquidation price, you can skip adding; if not, you can add. For spot trading, just hold tightly, add if needed!
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;
The decline only excites me, it doesn't scare me. For spot traders, falling is an opportunity;
ETH support/resistance levels: 2225 / 2170 / 2055
You never know until you see it, and now I see it—super tempting! Isn't ETH now a textbook example of a retest of the bottom support trendline? The 2170 bottom support trendline is invincible. If it were Monday to Friday, I would have already respected a short position!
Trading advice does not constitute any investment basis: stay calm when trading, such market conditions are nothing in your trading career; compared to last year's crash before the Spring Festival at 1011, this drop isn't even enough to fill a gap. Stay calm, only when your emotions are stable and your mind is rational can your subsequent trading plans be free from FOMO and be reasonable! $BTC $ETH
‍#Gate广场五月交易分享