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Newbie's Guide to Position Management in Crypto ⭐ If you're a gambler, love to YOLO, thrive on wild swings, crave excitement, and enjoy the quick rush, you're probably not too concerned about position management; ⭐ If you're drowning in debt and getting daily reminders from online lenders, you likely don't have the patience to learn about position management; all you're chasing is the dream of sudden wealth and fantasy. ⭐ If you're a seasoned bag holder who's really felt the pain of losses, been wrecked by the market, and experienced multiple liquidations, you probably already have a sense of position management and experience. ⭐ Most of the casualties in this market aren't due to failed strategies or poor skills, but rather from mistakes in position management, whether it's over-leveraging or adding to losing positions.
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🙏 Used to organize and summarize crypto learning notes, trading psychology, and access to various resources. Crypto market for beginners: 🎁 币圈小白仓位管理法 🎁 交易书籍推荐 🎁 关于补仓的一些建议 🎁 新手小技巧:如何确保开仓100%挂单成交节省手续费? Trading psychology: 🎁 秋言秋语第一期 🎁 秋言秋语第二期 Improve your trading teaching: 🔥 交易提升教学:Pin-Bar交易策略 🔥 交易提升教学:价格行为&谐波形态(一)BAT蝙蝠形态
$BTC $ETH On Saturday what was said about the unfilled order positions—today it’s been given: Big head warehouse + add-on warehouse, Ethereum head warehouse. If you enter, with the current price you’re in profit; it’s recommended to take half position profit and let the remaining position break even. If you really want to be greedy for one more round, then take everything with break-even (no loss, only fees).
$BTC $ETH Weekend short-term trading order reference, but low volatility on weekends doesn’t always mean there will be opportunities. If you get a chance, do it; if not, take a break.
We are once again at the major key resistance zone of 86800–87200. It has been repeatedly tested here. If you’re worried about a breakout, don’t go short here. The next location: you can place a limit order for a short at 89800, with a stop loss at 91000. For a high-leverage position with a small account, liquidation can happen—so you don’t necessarily need to set a stop loss. The risk of getting trapped when chasing a right-side breakout trade is extremely high; basically, 8 out of 10 times you get fooled. I don’t recommend chasing. Whether to gamble with shorts in the 86800–87200 zone depends on your own situation. If you decide to gamble, use a smaller position size than before and be sure to set a short-term stop loss (e.g., around 87800).
⚡️ $ETH
If it moves to 89800 for BTC, then at the current exchange rate ETH should be roughly in the range of 2819–2866. For shorts, set the stop loss above 2930. Or, similarly, for a high-leverage small account, you may temporarily not set a stop loss. Also, if you again choose to gamble against the major key resistance zone at 2788–2810, it’s recommended to use a smaller position size than before and be sure to set a short-term stop loss (e.g., around 2850).
Right now, it’s truly “each to their own”—the time to roll the dice again at the gambling table. Observe more; when you take a test position, go lightly.
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$BTC $ETH Weekend short-term trading order reference, but low volatility on weekends doesn’t always mean there will be opportunities. If you get a chance, do it; if not, take a break.
$BTC Large pancake short-term order range game position: 86800 has already been given above. At the current price, reduce some positions on your own. The remaining position can be held to protect breakeven. If it falls below 86000, then gradually push the stop-loss downward. If the remaining position’s breakeven is taken out, temporarily give up the short position and re-enter again.
The market may suddenly make a big move at any time. If you’ve been trading short-term back and forth previously, it’s best to be in cash and wait—don’t tinker during this local, small-range consolidation. Safety first. If you’re going to short, it’s better to give up on shorting from low levels. Watch for short opportunities around the key resistance zones: ETH at 2788–2800, and BTC/“big pie” at 86800–87200. The spot to go long afterward should temporarily remain unchanged from what was mentioned earlier.
On the 4H timeframe, convergence is tightening and the direction could break out at any moment. It may not go cleanly in one direction right away—be cautious of a larger back-and-forth “chop” and squeeze.
The market may suddenly make a big move at any time. If you’ve been trading short-term back and forth previously, it’s best to be in cash and wait—don’t tinker during this local, small-range consolidation. Safety first. If you’re going to short, it’s better to give up on shorting from low levels. Watch for short opportunities around the key resistance zones: ETH at 2788–2800, and BTC/“big pie” at 86800–87200. The spot to go long afterward should temporarily remain unchanged from what was mentioned earlier.
On the 4H timeframe, convergence is tightening and the direction could break out at any moment. It may not go cleanly in one direction right away—be cautious of a larger back-and-forth “chop” and squeeze.
Over the next two days, watch for the potential risk of a breakdown from a descending right-angle triangle (the statistical probability of a break below this pattern is about 70%). Note: this is risk—there are only probabilities in the trading market.
Low-risk setups are those where you wait for the breakdown, then after it dips below, look for the first “needle” insertion at the daily key support to catch a very short-term long rebound. Don’t “bet” on a breakdown short at the current price. The better place to consider shorting is near the daily key resistance zones above (86800, 2788). Never jump into a trade at any time or anywhere. Trading is already hard; manage position sizing well + patiently wait for key levels. That can maximize the reasonableness of the trade and its relative certainty.
Also, for short-term trading, you only need to focus on fluctuations between key levels—you don’t need to over-focus on macro trends. And if you’re trading the larger trend, you shouldn’t give any advice or “faith reinforcements” to short-term traders. For trend traders holding a “big pie” position at 60k cost, cheering for a holder at 80k cost to “hang on” has no meaning at all. If you’re doing trend trading, just refer to advice and actions meant for trend trading and don’t look at short-term traders’ calls—vice versa as well. Different specialties—trade according to what you need.
Long orders: catch the ultra-short rebound after a needle at support reference
🥘 Big Pie
Enter at 81586, add at 80428 (2x averaging), stop loss at 79200
🥘 Ether
Enter at 2566, add at 2534 (2x averaging), stop loss if it breaks below 2500
————————————————————————
Short-term: don’t be stubborn about holding; take profit flexibly (use a trailing/adjusting stop)
Over the next two days, watch for the potential risk of a breakdown from a descending right-angle triangle (the statistical probability of a break below this pattern is about 70%). Note: this is risk—there are only probabilities in the trading market.
Low-risk setups are those where you wait for the breakdown, then after it dips below, look for the first “needle” insertion at the daily key support to catch a very short-term long rebound. Don’t “bet” on a breakdown short at the current price. The better place to consider shorting is near the daily key resistance zones above (86800, 2788). Never jump into a trade at any time or anywhere. Trading is already hard; manage position sizing well + patiently wait for key levels. That can maximize the reasonableness of the trade and its relative certainty.
Also, for short-term trading, you only need to focus on fluctuations between key levels—you don’t need to over-focus on macro trends. And if you’re trading the larger trend, you shouldn’t give any advice or “faith reinforcements” to short-term traders. For trend traders holding a “big pie” position at 60k cost, cheering for a holder at 80k cost to “hang on” has no meaning at all. If you’re doing trend trading, just refer to advice and actions meant for trend trading and don’t look at short-term traders’ calls—vice versa as well. Different specialties—trade according to what you need.
Long orders: catch the ultra-short rebound after a needle at support reference
🥘 Big Pie
Enter at 81586, add at 80428 (2x averaging), stop loss at 79200
🥘 Ether
Enter at 2566, add at 2534 (2x averaging), stop loss if it breaks below 2500
————————————————————————
Short-term: don’t be stubborn about holding; take profit flexibly (use a trailing/adjusting stop)
$ZEC At the moment, this green up-channel has not fallen below before. Basically, every emptying wipes one out—no noise, just self-destruction. Not touching it is the biggest respect you can show for your money.
Everyone has a dream of getting rich by shorting ZEC, but it’s only because they’re lying on a bed made of fallen corpses in the air force. Unless you’re truly a 1x long-term holder and can handle it—like those positions with liquidation above 5000—otherwise you probably can’t bear the bloody karmic consequences.
Big pancake uses Ethereum needle to take short-term long and short trades (if it matches your viewpoint, you can consider doing it. Use a small position with a stop loss—don’t get carried away)
$BTC For long orders using needle trades: watch around 81520; stop loss at 80500 $ETH For long orders using needle trades: watch around 2553; stop loss at 2500
For short orders, suggestions are as shown in the picture. See whether it will rebound upward again—if it does, you can trade; if it doesn’t, don’t.
Short-term trades—take profit quickly when you’re in floating profit.
Big pancake uses Ethereum needle to take short-term long and short trades (if it matches your viewpoint, you can consider doing it. Use a small position with a stop loss—don’t get carried away)
$BTC For long orders using needle trades: watch around 81520; stop loss at 80500 $ETH For long orders using needle trades: watch around 2553; stop loss at 2500
For short orders, suggestions are as shown in the picture. See whether it will rebound upward again—if it does, you can trade; if it doesn’t, don’t.
Short-term trades—take profit quickly when you’re in floating profit.
Big pancake uses Ethereum needle to take short-term long and short trades (if it matches your viewpoint, you can consider doing it. Use a small position with a stop loss—don’t get carried away)
$BTC For long orders using needle trades: watch around 81520; stop loss at 80500 $ETH For long orders using needle trades: watch around 2553; stop loss at 2500
For short orders, suggestions are as shown in the picture. See whether it will rebound upward again—if it does, you can trade; if it doesn’t, don’t.
Short-term trades—take profit quickly when you’re in floating profit.
$ZHIPU Many people are asking about Zhipu. At the moment, all I can see is a downward trend channel. The 4H timeframe hasn't closed with a bullish engulfing candle yet. Blindly betting on long positions is far too early in the setup. If you truly believe this is a daily chart double bottom, then you can gamble—but if the price breaks below the low of 78, you must cut the loss. As a precaution, don't underestimate the downside in Hong Kong stocks.
$ETH 1D From a key perspective, recently focus on the daily close.
Around 2548 is currently regarded as the water-shed between the long and short trend for this upswings. Around the 2788–2820 area, you can repeatedly attempt short entries from the upper side. Without considering averaging down, set the stop-loss above 2850. If considering averaging down, with the condition that in the case of an extremely high risk of liquidation you should add in small amounts slowly, the reference for the averaging-down entry is the key resistance levels shown in the chart.
For short-term trading, regardless of bull or bear markets, as long as there is volatility, the trading rules are neutral and objective. The place of exchange only follows the direction with a better payout-risk ratio and higher win rate. The so-called “don’t short in bull markets” and “don’t go long in bear markets” are just nonsense told to fools. 99% of people are short-term traders.
$BTC 1D perspective key positions, recently pay attention to the daily closing.
Around 82000 is currently considered the long/short trend dividing line for this upswing. The short-term short position near 86800 ended yesterday; afterward, you can continue to try multiple times going short from the 86800–87200 area, without considering adding to the position, with a stop loss of 800–1000 points. If considering adding to the position, then with an extremely high liquidation risk, add in a small size slowly; the add-on entry should refer to the key resistance levels shown in the chart.
For short-term trading, regardless of bull or bear markets, as long as there is volatility, trading rules remain neutral and objective. The exchange market positions are only about taking directions with a high payoff ratio and win rate. The so-called “don’t short in a bull market” and “don’t go long in a bear market” are just dumb talk for dumb people. 99% of people are short-term traders.
$BTC 1D perspective key positions, recently pay attention to the daily closing.
Around 82000 is currently considered the long/short trend dividing line for this upswing. The short-term short position near 86800 ended yesterday; afterward, you can continue to try multiple times going short from the 86800–87200 area, without considering adding to the position, with a stop loss of 800–1000 points. If considering adding to the position, then with an extremely high liquidation risk, add in a small size slowly; the add-on entry should refer to the key resistance levels shown in the chart.
For short-term trading, regardless of bull or bear markets, as long as there is volatility, trading rules remain neutral and objective. The exchange market positions are only about taking directions with a high payoff ratio and win rate. The so-called “don’t short in a bull market” and “don’t go long in a bear market” are just dumb talk for dumb people. 99% of people are short-term traders.