This is the best era for currency speculation, so hurry up and make money! The rebound is not the bottom, strategy comes first.
As the cryptocurrency market becomes increasingly volatile, investors are highly sensitive to every small change in the market. In this context, the judgment of rebound and bottom has become one of the most concerned topics among investors in the currency circle. However, real master traders understand that the rebound of the market does not always mean the formation of a bottom, but a more complex market behavior.
Those who followed the high-frequency black mamba to rebound last night made money again! !
Short today!
The opening point is 67880 points, and the first profit-taking point is 66100 points. The second profit taking point is 65800. The third take-profit point is 59,000 points.
Pay attention to the high-frequency Black Mamba and more short-term trading strategies.
Identification of rebound and bottom
In recent market dynamics, after falling below the $61,000 mark, Bitcoin (BTC) unexpectedly rebounded by more than $7,000 and returned to above $67,000. This phenomenon makes many investors ecstatic, as if they have seen the dawn of a bull market. However, real master traders will tell you that this may just be a "fake move" by the market. Because it did not break through the high-frequency Black Mamba’s first short position opening point of 68900*
There is an essential difference between rebound and bottom formation. A rebound is usually a technical correction in the market due to oversold conditions after a period of decline. The formation of the bottom is that after the market has experienced a long-term decline, the power of buyers and sellers has reached a balance, and market sentiment has stabilized, thus forming a solid support area.
High frequency black mamba strategy
In this market environment, the high-frequency Black Mamba will adopt a series of strategies to deal with market uncertainty:
1. Gradually build positions in batches and proportions to reduce costs and leave room for subsequent operations.
2. Set a stop loss point before entering the market to avoid greater losses.
3. Do not blindly predict the market bottom, but use technical indicators and market sentiment to judge the trend and follow the trend.
4. Strictly control the risk of each transaction and prevent the loss of any transaction from affecting the overall investment portfolio.
In this currency world full of opportunities and challenges, only those investors who can understand the nature of the market and formulate wise strategies can make money.