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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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I was temporarily pulled to help with brick-carrying support, and the weekend was hectic.
After finishing the trade, manage your position well. If you’re stuck but have enough room, then top up where it matters. If you didn’t control your position size properly, set a stop-loss and manage it. Sometimes, a stop-loss is the best respect you can show to the market. Of course, excellent position management can make moving around in the market easy. Everything depends on your personal position size when deciding whether to move in or out.
For key levels above BTC/ETH, please refer to the larger time-frame perspective from posts 9–17 earlier.
$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.
As mentioned earlier, the gold: the long position 4240 has successfully entered. Now move the stop loss up to 4280. If the price rebounds to around 4370, take the first partial profit. If the first partial profit is successfully taken, move the stop loss for the remaining position up to 4330.
Gold low-buy (low long) operation. If you want to do it, you can place orders at 4240 and 4188. Position ratio 1:2. Stop loss if price breaks below 4100.
$XAG
Silver low-buy operation. Place orders at 60.7 and 57.2. Currently at 62.7 there is support here. If you’re aggressive and want to enter now, you can take the first (main) position here, then add to the position at the two levels above. Use either a three-lot ratio of 2:3:5 or 1:2:4. Stop loss if it breaks below 54.
Gold low-buy (low long) operation. If you want to do it, you can place orders at 4240 and 4188. Position ratio 1:2. Stop loss if price breaks below 4100.
$XAG
Silver low-buy operation. Place orders at 60.7 and 57.2. Currently at 62.7 there is support here. If you’re aggressive and want to enter now, you can take the first (main) position here, then add to the position at the two levels above. Use either a three-lot ratio of 2:3:5 or 1:2:4. Stop loss if it breaks below 54.
In the front, the descending triangle mentioned earlier shows signs of a potential breakdown for now. If it rebounds a bit after licking it (a pullback), then around 75,500; if you’re being conservative, around 75,288. For taking action, use a small position with a wider stop loss (74,000), and take profit flexibly.
$ETH
Regarding what was said: it should follow BTC’s走势 (price action). Currently, it hasn’t broken down the consolidation range yet. For a short-term long, you can place orders around 2,368 and 2,315 (position ratio 1:2). If it breaks below 2,250, stop loss—again with a wider stop loss using a small position. Take profit flexibly.
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.
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.
$ZEC About ZEC’s price trend outlook, for reference:
🥘 Only from the breakout structure: the 1:1 upside move has already been completed 🥘 Has the uptrend broken down? No 🥘 Has the top finished forming? There is a technical pressure top around 1250 after the first new high, but it cannot be confirmed as the absolute top because the uptrend hasn’t broken down. This top can be repeatedly tested to form a double top or triple top, or it can be broken through. 🥘 The key observation point is around 1112. Only if it breaks below this low could it gradually develop into a 4H-level downtrend 🥘 Current BN long/short ratio is 0.42, with short positions being about 2 times the number of long positions 🥘 Current liquidity is mainly concentrated in 1200-1230, with large-holder liquidations starting to appear above 1330
🔥 Trading suggestions:
🥘 Preferably: don’t trade, don’t touch. 🥘 So if you’ll “die” without trading, then you can try with a small position: 1. Either probe for shorts on the left side of 1220-1235, and take strict stop-loss if a new high of 1265 is made 2. Or wait for the next breakout to a new high, then after a pullback and consolidation, look for an opportunity 3. Or after breaking below 1112, if there is a retest of 1112 but it fails to reclaim it, short from the right side with 1112 as resistance; stop-loss should be at 1200 (the previous 4H high)
Here we’ve got a long order—looking to catch a rebound (expected initial upside of about 800–1000 points; once in profit by 500 points, we’ll flexibly and gradually trim position to manage risk). The entry price is neutral but slightly conservative (holding it with the mindset that it doesn’t necessarily have to be filled at that exact level). If you want to be more aggressive further up, you can refer to the quote sent above—positions below 75700 are all acceptable. With a stop-loss: if price drops below 74000, stop out. For a wick/pin-retrace rebound, we temporarily don’t consider the risk-reward ratio.
$ETH
For the Big Cake (BTC), I currently won’t consider entering ETH. If trading ETH, refer to the levels in the cited chart above; it’s still recommended to place orders at 2360, 2330, and 2295 in proportion (1:2:4 or 2:3:5). If it breaks below 2250, set stop-loss.
For BTC and ETH daily timeframe, key support/resistance should continue to reference the levels I sent yesterday ☝️
$SOL 106-109 mentioned during the live broadcast again offer opportunities to enter short positions. If you have the funds available, hold the position with principal protection; if you didn’t, it’s not recommended to chase it. You can still enter short positions for 106-109, with a stop loss set at 116.
$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.
$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.