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In the era of self-media, emotions are amplified in trading.
It's hard to stay calm; start from the essence of trading.
(Just like during this period, everyone has been playing the US stock market, but no one has fully understood the losses in crypto.)
Trading is essentially a reallocation of risk, time, information, and capital, directing resources to those with the highest valuation.
And what retail investors can grasp are only three points:
1. Trend 2. Position 3. K-line signals
It's not about so-called paid account boosting or live broadcasts of long and short positions.
Those who have free time every day to do this can't avoid live streaming and real-time monitoring, which will constantly change trading plans.
To put it simply, how many high-frequency traders are actually making money?
Understand the essence of trading, start from the trend, find the right position, and be a prudent hunter.
Currently, Bitcoin has reached the 1-hour support level.
A break below here would open up room for a pullback, which is also where we previously judged a new high.
So the target is a short position around 66, and some profits should be taken here, brothers.