🧧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.
🙏 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
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.
$BTC 4H trend perspective: the rebound trend over the past month is still not settled and remains open to interpretation. Continue watching and maintain the same high-altitude (short) mindset. From a risk perspective, at high levels consider staying flat or holding off on exposure, waiting, or continuing to set up short positions on rallies. Do not chase breakouts to go long. For BTC, 67000-67800 remains the key range to monitor. You may front-run with the main account, but manage the position size well—be flexible and handle add-ons with ease. The same applies to ETH.
$SNDKB 1515 near pressure level has been reached $MU 917 near pressure level has been reached
If you’re holding long positions, you can take profits and get out on the short term—more than 80% can be secured. For short positions, you still need to wait; see the chart for details. The recommended entry levels for low-price longs remain as Sandisk <1330, Micron < 810
$BTC The value of the key levels is still increasing. If there’s room above 65,000, you can take a shot—every time you come, you can bet once. If you’re afraid of a breakout, then with each attempt you can use a slightly smaller position to keep the odds in your favor. Maybe there will be a breakout eventually, but that doesn’t prevent you from adding positions at 67,500–68,000 or re-entering.
$BTC Simple demonstration of ideas: for BTC, what positions are actually worth placing a trade. The rest of the positions can be said to be a 50/50 probability.
1480-1515 Here, the support for SanDisk is still effective for now. You can keep probing and trading back and forth, but don’t go all-in. Use a reasonable stop-loss, and have expectations that SanDisk’s final potential bottom may be in the 1280-1300 range—manage your expectations so you can manage both your position sizing and trading mindset.
The empty period from 1972 to 1982 mentioned earlier matches expectations; taking profits around 1860 was also beyond expectations—the move went lower as well.
The recommended trading actions for the current period are shown in the chart. Keep the stop loss well in place for the game/competition. Sandisk's volatility is suitable for using light position sizing with a wide stop loss.
$ETH / $BTC Potential trading opportunities for short positions on Ethereum-to-BTC exchange rate, with take-profit and stop-loss as shown. For friends who have trading experience with exchange rates only. If you haven’t traded with exchange rates before, be cautious—calculate your position size well (the position is opened in terms of the amount of Ethereum, and profits are in BTC).
$BTC Simple demonstration of ideas: for BTC, what positions are actually worth placing a trade. The rest of the positions can be said to be a 50/50 probability.
$BTC Simple demonstration of ideas: for BTC, what positions are actually worth placing a trade. The rest of the positions can be said to be a 50/50 probability.