$AVGOB #AVGO It is still repeatedly changing hands within the past 24-hour range, and there is no clear directional advantage. The middle position is the most testing for patience—waiting for boundary signals is usually more effective.
Currently, 1 hour: +0.08%, 24 hours: -0.32%. Across the two cycles, there hasn’t been sufficiently clear alignment in the same direction. In a range-bound market, the tolerance for chasing or cutting positions is low. It’s more suitable to use the upper boundary for direction confirmation and the lower boundary for acceptance on pullbacks, while the midline only serves as the line dividing strength and weakness.
I will treat 395.655 as the short-term pivot between long and short: if it holds, it indicates the pullback is still within a controllable range, and the next attempt to test 399.41 can be considered if conditions allow. After an effective breakdown, don’t rush to enter—wait for a new stable structure to appear around 391.9.
For execution, set clear conditions: after breaking above 399.41, you need confirmation—not to chase just because you see a momentary surge. After dipping to 391.9, you need to see whether price can quickly reclaim it—not to buy just because you see a drop. If the middle zone doesn’t offer sufficient odds, waiting itself is part of the strategy.
Position management should distinguish between swing trades and day trading. For existing swing positions, first check whether the structure is broken—don’t let repeated fluctuations in a single 1-hour candlestick interfere with your judgment. Day-trade positions should be executed around support, resistance, and closing confirmations. Those who are in cash shouldn’t chase prices in the middle of the range; waiting for a clearer location often brings an advantage.
The key for day-trade positions isn’t to predict every single candlestick, but to ensure there are grounds for entries, trimming, and exits. If there’s no confirmation, do less. If a key level fails, redo the plan—control the risk of each trade first, then talk about upside/downside potential.
#SECCancelsCryptoRulemakingMeeting
Currently, 1 hour: +0.08%, 24 hours: -0.32%. Across the two cycles, there hasn’t been sufficiently clear alignment in the same direction. In a range-bound market, the tolerance for chasing or cutting positions is low. It’s more suitable to use the upper boundary for direction confirmation and the lower boundary for acceptance on pullbacks, while the midline only serves as the line dividing strength and weakness.
I will treat 395.655 as the short-term pivot between long and short: if it holds, it indicates the pullback is still within a controllable range, and the next attempt to test 399.41 can be considered if conditions allow. After an effective breakdown, don’t rush to enter—wait for a new stable structure to appear around 391.9.
For execution, set clear conditions: after breaking above 399.41, you need confirmation—not to chase just because you see a momentary surge. After dipping to 391.9, you need to see whether price can quickly reclaim it—not to buy just because you see a drop. If the middle zone doesn’t offer sufficient odds, waiting itself is part of the strategy.
Position management should distinguish between swing trades and day trading. For existing swing positions, first check whether the structure is broken—don’t let repeated fluctuations in a single 1-hour candlestick interfere with your judgment. Day-trade positions should be executed around support, resistance, and closing confirmations. Those who are in cash shouldn’t chase prices in the middle of the range; waiting for a clearer location often brings an advantage.
The key for day-trade positions isn’t to predict every single candlestick, but to ensure there are grounds for entries, trimming, and exits. If there’s no confirmation, do less. If a key level fails, redo the plan—control the risk of each trade first, then talk about upside/downside potential.
#SECCancelsCryptoRulemakingMeeting