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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
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$BTC The rebound is quite strong, but looking at the 4H timeframe, it doesn't seem that strong yet. The 4H high is still within a downward trend—there’s a chance the earlier script gets repeated again. Watch for short opportunities starting around 79,200. Don’t overly FOMO as a long (many people have started fantasizing about a counterfeit breakout to hit the bull top; aside from a few rare cases like UNI, ZEC, HYPE, etc., it’s really only a very small number), and even then it’s only a very small number. Use a small position size and a wide stop-loss. The most important thing in trading is survival; profits come second.
Note that the 4H level is still a structure of a rebound high point that keeps getting lower, and it is a potential descending triangle. It tends to continue rebounding but looking at the downside. In this structure, there is a 70% probability of breaking down to the downside. Only after a break and hold above 78600 (daily close or 2 consecutive 4H candles) will the trend be strengthened.
$ETH
Currently it has returned to the horizontal ranging zone. The price action remains stronger than Bitcoin. After a false breakout returns, there is no clear long/short directional trend formed—it's a standard sideways consolidation. Going forward, it will still follow Bitcoin’s trend. If Bitcoin breaks down, Ethereum should break as well—break once it breaks. After breaking above 2550 and holding there (daily close or 2 consecutive 4H candles), the trend will once again strengthen.
$CL Note: Pay attention to short positions in crude oil; the key position levels mentioned earlier (position) have already been reached. For details, see the quote.