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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.
🙏 Used to organize and summarize learning notes in the crypto space, trading psychology, and access to various resources. Crypto Basics: 🎁 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 Trading Improvement 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
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🧧 Save money! Automatically return an 20% discount on fees every hour + fee rebates!
🔸 When registering, enter the invitation code: WQWQWQ 🔸 For spot: 20% + futures: 20% — the fee rebate is automatically returned every hour! 🔸 Over time, the fee savings add up and are definitely not to be underestimated 🔸 Sincere, stable, and efficient
$ETH Early-morning live stream of this ETH long: 1,846 positions. 1,821 is doing a double down for averaging in. The current move has already exceeded expectations in terms of the upward gain. If you participated, you should use the remaining position to move the stop-loss to 1860 or take profit.
Bitcoin and Ethereum 4H key levels update—only as weekend/within-day reference points for long/short entries (if there are no weekend events affecting the market, there may be no opportunity to provide entry points)
Cultivate the habit of scaling in and scaling out for both entries and take-profits.
$SNDK $SNDKB and the estimated pin insertion point difference from yesterday is pretty much the same. Hope that after the Fed interest rate decision is released overnight, no matter whether they hike rates or keep rates unchanged, we’ll keep going in a violent V shape to get the brothers in the sky unstuck.
This downward shakeout came neither too early nor too late, but compared to the U.S. stock market, the amplitude of the crypto selloff is still relatively mild—especially Ethereum. During the decline, it has also been holding strong. Ethereum’s exchange rate versus Bitcoin has pulled back, but it hasn’t drawn a “door-burst” style crash. On July 30th, the Fed will make its interest-rate decision. The market’s preemptive moves to clean up leverage aren’t necessarily a bad thing.
The 4H MA200 support at 63,050 was touched exactly and is holding. Right now, on the daily timeframe, you could say the market is weak but still hasn’t been destroyed. Don’t blindly chase shorts during weakness or aggressively short during rebounds. Be careful of a reverse short squeeze. Watch whether, during the day, price can reclaim 64,400 (the 4H uptrend line).
$ETH
Stronger than Bitcoin. Same as Bitcoin—don’t impulsively chase shorts, and don’t short just because of a slight rebound. It looks scary, but so far it hasn’t dropped much. Even the consolidation uptrend channel inside the smaller trend hasn’t been broken. It’s also still far from the 4H MA200 around 1,778. If you shorted above 1,960, be sure to manage and protect your position with a trailing/adjustable stop. If price continues lower and breaks down the rising channel, the next key support to watch below is 1,778–1,790.
💥 Still the same old line: don’t buy into the bear/bull narrative just because it’s down—don’t assume it’s bullish just because it’s up. Most of the time, it’s a daily-range, choppy market.