On Monday the market opened, and BTC hovered around 79,000—neither up nor down, pretty annoying.
Over the weekend, there really wasn’t much new news. Everything that needed to be digested had mostly been digested. The market right now is basically a textbook range-bound setup: both longs and shorts are waiting, and neither side is willing to make the first move.
This week, there are a few key levels I’m watching closely. Resistance at 81,000 is a hurdle. If it breaks through, there’s a good chance it will test 83,000 or even set new highs. Support at 74,000 is the bottom—if that level breaks, this bounce may be in doubt.
The few-thousand-point range in between isn’t huge, but it’s not small either. Trading the swings could easily get you “hit on both ends,” while going long-term doesn’t really feel like it has much momentum.
A lot of people ask me how to trade this week. My own plan is: hold the spot position and don’t touch it; for futures, use a small position size and test lightly. Once the direction becomes clear, then add. No guessing the top, no catching the bottom—just follow the market.
After you’ve been trading for a long time, you’ll realize that most of the time the market is “waiting”—waiting for a piece of news, waiting for a breakout, waiting for a batch of people to get impatient and rush in, or to get scared and cut losses. The more urgent you are, the more likely you are to make mistakes while the market is “waiting.”
So this week, patience matters more than anything.
The行情 will come when it’s supposed to,
what you need to do is:
be there when it arrives.
$BTC #BinanceSquare #BTC #行情分析📈 #交易策略分享
Over the weekend, there really wasn’t much new news. Everything that needed to be digested had mostly been digested. The market right now is basically a textbook range-bound setup: both longs and shorts are waiting, and neither side is willing to make the first move.
This week, there are a few key levels I’m watching closely. Resistance at 81,000 is a hurdle. If it breaks through, there’s a good chance it will test 83,000 or even set new highs. Support at 74,000 is the bottom—if that level breaks, this bounce may be in doubt.
The few-thousand-point range in between isn’t huge, but it’s not small either. Trading the swings could easily get you “hit on both ends,” while going long-term doesn’t really feel like it has much momentum.
A lot of people ask me how to trade this week. My own plan is: hold the spot position and don’t touch it; for futures, use a small position size and test lightly. Once the direction becomes clear, then add. No guessing the top, no catching the bottom—just follow the market.
After you’ve been trading for a long time, you’ll realize that most of the time the market is “waiting”—waiting for a piece of news, waiting for a breakout, waiting for a batch of people to get impatient and rush in, or to get scared and cut losses. The more urgent you are, the more likely you are to make mistakes while the market is “waiting.”
So this week, patience matters more than anything.
The行情 will come when it’s supposed to,
what you need to do is:
be there when it arrives.
$BTC #BinanceSquare #BTC #行情分析📈 #交易策略分享
