Daily analysis (10.19-10.20)
Summary:
1. The leverage reduction in the copy trading system is caused by the platform. On the one hand, I understand the efforts made by the platform in risk control, but on the other hand, I can only change my previous ultra-long-term short-selling plan.
2. Macro-cycle judgment.
3. The macro cycle of commodities.
4. Don't be too bearish, otherwise it is easy to miss the opportunity in the bull market.
5.68000 and 66000 are two key supports. In the short term, it is more reasonable to make long orders around these two supports, and it is more reasonable to hold the currency for rise in the long term.
6. There may be a callback in the short term, but the callback is still the main theme. And because of the breakthrough and stabilization of the upper edge of the bull flag, the limit of the callback has now been raised to the 66000 line.
Operation:
1. Long-term long orders are held:
$BTC is 1/2 at 71000 and moved up to 63000 to protect the principal, and is fully closed at 79000.
$ETH closed 1/3 at 2800 with principal protection, closed 1/3 at 3500 and moved up to 2700 to protect principal, and closed at 3800.
$SOL closed 1/2 at 188 and moved up to 152 to protect principal, and closed at 228.
2. Intraday short-term:
2.1: Take the current bull flag upper edge of 68000 as the bottom position and try to go long with a light position. If the entity falls below 68000, lose it and take it back above 66000.
2.2: Ether and SOL are given priority for going long
2.3: If it rises to 71000 on Monday, the long position of the band will be closed first, and wait for a retracement before going long.
2.4: If the market falls on Monday, sell when the 4H level entity breaks 68,000, and then take the long position again above 66,000 to see the 74,000 line. Long positions also give priority to Ether and SOL