Futures
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Gold
One platform for global traditional assets
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Hot
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Introduction to Futures Trading
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CandyDrop
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Last night, BTC surged from 65,870 all the way up to 67,260, gaining over two percent, and now it's stuck around 66,300 without much movement. Honestly, this position is quite awkward—there's still some distance to the high point from last night on the upside, and not far from the support level at 66,000 on the downside. If you're planning to go long, don't chase now; wait for a pullback to the 66,000-66,100 range before entering. Set your stop loss at 65,800, with the first target at 66,900 and the second at 67,200. The market over the weekend is usually quiet, with trading volume shrinking, so it's likely to fluctuate within this range until Monday. Keep your position size between 10-20%, don't go all-in, because if the support at 65,870 breaks, it could drop straight to 65,000, which would be problematic. Overall, there's a chance to go long, but patience is key—wait for the pullback before entering.