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BTC/ETH/XAU Today’s Detailed Strategy and Levels
Tonight, there is a high probability of a gap down at the North American market open. At this moment, the market is consolidating at low levels with no meaningful volume. We’re waiting for the North American session to kick in and bring more activity. Because on Saturday’s early morning, there was an accelerated sell-off that wiped out many high-leverage accounts with high allocation. The market is telling you once again: not controlling your position is equivalent to slow suicide!
At present, there are no trading opportunities during the day. If the market continues to “squat” lower in the evening, it may create a short-term rebound opportunity. The rebound strength during the day is also not strong, so it’s basically hard to reach the area where you can short. The market is temporarily in a wait-and-see state!
For BTC, if it drops to the 75,475-73,300 range tonight, focus on volume/energy signals and see whether there are more opportunities to go long!
For ETH, if it drops below 2,045 tonight, closely track it and see whether there are more opportunities to go long!
For XAU, hold the 4,555 level from last Friday night. Those who added positions during the morning can take small profits, reduce positions, and protect. If you didn’t add, continue holding. If tonight offers an opportunity, add another position together;
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The market on Monday is uncertain, so you’ll need a bit of patience. If you can’t hold back during the day and want to gamble, then you can only exit quickly. If you can’t control yourself and want to heavily position for the trade, then you’ll basically be wiped out by any fluctuation. Don’t get anxious just because you’ve lost a lot!
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Gains and losses in the secondary market are your own responsibility! Combining video analysis will make it clearer!