🧧Save some bucks! Enjoy automatic 20% fee rebates every hour!
🔸Use referral code: WQWQWQ when signing up 🔸Get 20% back on spot and 20% on contract fees every hour! 🔸Over time, these savings on fees can really add up 🔸Genuine, stable, and efficient
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.
$BTC $ETH 1D key-pressure support reference. Over the past week, the overall change has been minimal. We are currently in a high-level consolidation. As the Fed rate decision on 9/16 approaches, volatility is about to expand.
Bottom-position holders are desperately releasing bullish sentiment for a soaring bull run, creating anxiety for retail traders who have missed the move. Those who chase longs at high levels will become increasingly crowded, and the pullback that is bound to come will arrive as well. Stay a bit more cautious and skeptical—don’t let any overly absolute bullish or bearish sentiment control you.
For the long/short battle reference, look at the key levels as shown in the chart, or refer to the citation below earlier. Long/short trading should only be done when approaching key levels, or enter in batches with the average price aimed as close to the key level as possible. Keep position sizing light, scale in/out, and always use stop-losses.
🌕 《Trading Calm Mind Manual》🌕
With a thousand waters, take only one ladle. With ten thousand taels of gold, keep only one piece. Miss the breakout to accumulate power; sell too late to build good fortune. Survive through hard times for the big picture—stability is paramount.
No all-in, no getting carried away No greed, no revenge
Don’t show off when you profit; don’t despair when you lose. Stop-loss decisively—cut ruthlessly.
Endure the loneliness and hold your hands back. Hide your bullets, hunt the market hunters. Don’t chase the dream of getting rich overnight as if you were grass. Swear to be the one who sends the market to its grave.
Recently, the market has been trading in a range at high levels—nothing new.
The main play is shorting from the high side: repeatedly place shorts in batches in the 79,600–81,500 and 2,525–2,555 zones, with unlimited attempts—do as many times as possible, until you get either taken out for profit (i.e., sell too early) or stopped out once.
If you use a tight stop-loss, then all positions use the same daily-line new-high breakout stop-loss (BTC 81,600; ETH 2,570). If you don’t use a stop-loss, then manage position sizing and gradually add to build your average price slowly. You need to assess your ability to manage positions and the volatility range you can tolerate.
If you just feel itchy and entered the short too early, then be prepared to add to your position in the same zones as mentioned above. When adding, avoid frequently topping up within a narrow range. For BTC, spread the add-on interval to 800–1,000 points; for ETH, spread it to 50–80 points. Try to operate only at key levels.
🧧Save money! Automatically get an 80% fee rebate every hour! 🔸When registering, enter the invitation code: WQWQWQ 🔸Spot 20% + Futures 20% trading fees are automatically rebated every hour! 🔸Over time, the accumulated fee savings should not be underestimated 🔸Sincere, stable, efficient
After there is a sufficient pullback this month, one spot asset you can consider is: SUI
Three-level entry layout: 0.72-0.68-0.63
Worst case, get to 1.35 For the medium-to-long term, target 2.3+
An asset with at least around 3x upside has relatively more certainty. And there’s also a coin-denominated (coin-basis) option as a backup plan—you can open it after you’ve finished the spot trade in extreme situations.
AAVE and CRCL, which I kept mentioning for the first two months, have already moved away from the golden pit.
If there’s still an opportunity in the future, slowly build positions at the prices below
At present, it’s mainly a matter of the order of position buy-backs. We can’t make an absolute judgment—we can only manage expectations and respect the market. If you currently have open positions, you need to consider the current situation, set proper stop-losses, and use position-adds to respond, while managing your expectations.
🧧 Save money! Automatic 20% discount on fees returned every hour + fee rebate commission! 🔸 When registering, fill in the invitation code: WQWQWQ 🔸 For spot (20%) + futures (20%) fees, an automatic rebate every hour! 🔸 Day by day, month after month—the fee savings are not something to overlook in the long run 🔸 Sincere, stable, efficient
Sometimes Compliant K-Lines: Why Do K-Lines For Most of the Time Seem to Follow Indicator-Based Technical Analysis, Yet in a Few Times They Don’t Quite Obey? What Is the Underlying Mechanism?
At its core, trading is a game of probabilities. People always look for ways to seek various indicators, and by combining experience and algorithms, they try to tilt the probabilities of this game toward directions that are most favorable to their own trading. Therefore, trading itself isn’t something you do impulsively by throwing dice. An orderly, logical trading system can indeed guide you to achieve positive returns from long-term trading in this market—note that it can only “guide,” not “guarantee.” Gamblers treat probability-based trading in stocks, crypto, and the like as a betting game: with each throw, you either win or lose. A rational trader focuses more on the long-term results of their trading system over the time dimension, rather than on whether any single trade succeeds or fails.
$XAU Gold is currently 4375 and hasn’t stabilized yet. According to last night’s live stream, if you’re looking to place sell orders/shorts above, you can move out with more than 70% of the position to lock in breakeven. If you placed buy orders (longs) near 4375, then if you’re more conservative, you can first look at the rebound around 4420. Once you hit breakeven and close out, shift attention to the breakdown/supported area of 4280-4240, and then consider going long again.
$XAG Silver: the near-term scalping long setup opportunities are:
$XAU Gold is currently 4375 and hasn’t stabilized yet. According to last night’s live stream, if you’re looking to place sell orders/shorts above, you can move out with more than 70% of the position to lock in breakeven. If you placed buy orders (longs) near 4375, then if you’re more conservative, you can first look at the rebound around 4420. Once you hit breakeven and close out, shift attention to the breakdown/supported area of 4280-4240, and then consider going long again.
$XAG Silver: the near-term scalping long setup opportunities are:
Apple’s Cook era comes to an end 🔚 Old man, retire—get some good rest. We were colleagues, but I don’t love the spotlight. I won’t attend the retirement banquet 🙉
🥘 1W MA200 boundary zone, a region repeatedly worth trading for short entries. It is destined to break through in the future; before that, you may succeed in trading it N times, but in the end, you are just using the profit from previous trades to cover the stop-loss of one breakout.
🥘 Waiting to see whether the weekly timeframe will form a potential right-shoulder retest structure of an inverse head and shoulders?
Recently, the market has been trading in a range at high levels—nothing new.
The main play is shorting from the high side: repeatedly place shorts in batches in the 79,600–81,500 and 2,525–2,555 zones, with unlimited attempts—do as many times as possible, until you get either taken out for profit (i.e., sell too early) or stopped out once.
If you use a tight stop-loss, then all positions use the same daily-line new-high breakout stop-loss (BTC 81,600; ETH 2,570). If you don’t use a stop-loss, then manage position sizing and gradually add to build your average price slowly. You need to assess your ability to manage positions and the volatility range you can tolerate.
If you just feel itchy and entered the short too early, then be prepared to add to your position in the same zones as mentioned above. When adding, avoid frequently topping up within a narrow range. For BTC, spread the add-on interval to 800–1,000 points; for ETH, spread it to 50–80 points. Try to operate only at key levels.
Recently, the market has been trading in a range at high levels—nothing new.
The main play is shorting from the high side: repeatedly place shorts in batches in the 79,600–81,500 and 2,525–2,555 zones, with unlimited attempts—do as many times as possible, until you get either taken out for profit (i.e., sell too early) or stopped out once.
If you use a tight stop-loss, then all positions use the same daily-line new-high breakout stop-loss (BTC 81,600; ETH 2,570). If you don’t use a stop-loss, then manage position sizing and gradually add to build your average price slowly. You need to assess your ability to manage positions and the volatility range you can tolerate.
If you just feel itchy and entered the short too early, then be prepared to add to your position in the same zones as mentioned above. When adding, avoid frequently topping up within a narrow range. For BTC, spread the add-on interval to 800–1,000 points; for ETH, spread it to 50–80 points. Try to operate only at key levels.
$SOL On the larger cycle, the closer you short SOL to the 109–117 area, the better the risk-reward ratio and the higher the success rate.
On the daily and weekly large timeframe levels, you can keep pending short orders in the following three positions in a 2:3:4 or 1:2:4 ratio:
109, 113, 117
On the intraday 4H timeframe, the pressure zone for short entries is 99.2–103.8, with a stop loss at 106. If your stop loss is hit, then wait for the higher timeframe positions mentioned above to place the short orders.
$ETH Current status: Weekly MA200. On the 4H timeframe, it looks like it made a false breakout (the weekly chart has not closed, so this is only a description of the current state). Next, we need to watch whether it is effectively rejected/pressured around 2493.
With the price running below 2493, one of the possible weekly-scale paths ahead is to see the right shoulder of a potential weekly inverse head-and-shoulders bottom pull back (2000±50). Short positions that are trapped below should focus on exiting this potential pullback area as early as possible.
If the weekly price closes again above 2493, then the likelihood of a second confirmation of a large-scale trend reversal will increase. False-breakout signals for macro trend reversals can appear multiple times on the weekly chart (see the weekly candles from 2025.05-06).
🍀 PS: Use stop-losses; that’s the best respect for the market. Don’t try to assert predictions about the market—only do what you can manage and respond to.
It has already broken through and risen above, indicating that the medium-term trend has turned. The medium-term trend has already shifted into a bullish phase, breaking away from the bottom consolidation range of the past 2–3 months.
🚨 Weekly MA200 (around 2494.2)
It is close but has not yet touched or broken through. The 200-week moving average is more widely seen as the long-term bull-bear dividing line (for Ethereum, people usually look at the weekly-level MA200; for Bitcoin, they usually look at the daily-level MA200). It represents the overall macro trend and is an absolutely crucial battleground between bulls and bears.
🔥 Rational advice: First use the weekly MA200 to confirm the big direction, then use the daily MA200 for entry timing and position management. If the daily price is already above the 200-day moving average, but the weekly price is still below the 200-week moving average (which is the current situation), it is usually considered a rebound rather than a true transition into a full bull market. Market conditions can change at any moment in response to extreme macro events or liquidity crises. The only constant in this market is that it never stops changing.
🍀 PS: Setting a stop-loss when trading is the best respect you can show to the market. Don’t try to arrogantly predict the market—focus on handling what you can control.