$BOME #BOME If this round only keeps one observation price, I’d choose 0.000916. Current price is 0.0009331, 1 hour +0.11%, 24 hours +0.83%. The mid-axis gains and losses can help filter a lot of intraday noise.
Holding above 0.000916 indicates that pullbacks are still controlled by the longs. The next target is to test the pressure at 0.000943. If price falls back below the mid-axis, the earlier strength will be discounted, and you should also prevent a further move back to 0.000889.
At the moment, 1 hour +0.11% and 24 hours +0.83%, but the two timeframes have not formed a sufficiently clear same-direction alignment. In a range-bound market, the tolerance for chasing and killing trades is low. It’s better to use upper-band confirmation to confirm direction and lower-band confirmation for follow-through. The mid-axis should only be treated as the line separating strength and weakness.
Going forward, there are three ways to handle the path: if price moves up and successfully holds above 0.000943, wait for a pullback that doesn’t break and then reassess continuation; if price breaks down below 0.000889, prioritize risk control and wait for new support; if it continues to trade sideways around 0.000916, treat it as range turnover—don’t repeatedly chase direction from the middle.
For those who already hold positions, the key is to manage based on whether support fails, not to get carried along by every fluctuation. For those currently in no position, prioritize waiting for a breakout and retest or confirmation of support. Spot can be scaled in batches; for derivatives, you should shorten the decision chain—first determine the stop-loss level, then decide whether to participate.
Next, I’ll focus on tracking the gain/loss of 0.000916. Do you lean more toward first testing 0.000943, or first returning to 0.000889? Feel free to leave your view and rationale.
#EightChineseFinancialFirmsRaise360BYuan
Holding above 0.000916 indicates that pullbacks are still controlled by the longs. The next target is to test the pressure at 0.000943. If price falls back below the mid-axis, the earlier strength will be discounted, and you should also prevent a further move back to 0.000889.
At the moment, 1 hour +0.11% and 24 hours +0.83%, but the two timeframes have not formed a sufficiently clear same-direction alignment. In a range-bound market, the tolerance for chasing and killing trades is low. It’s better to use upper-band confirmation to confirm direction and lower-band confirmation for follow-through. The mid-axis should only be treated as the line separating strength and weakness.
Going forward, there are three ways to handle the path: if price moves up and successfully holds above 0.000943, wait for a pullback that doesn’t break and then reassess continuation; if price breaks down below 0.000889, prioritize risk control and wait for new support; if it continues to trade sideways around 0.000916, treat it as range turnover—don’t repeatedly chase direction from the middle.
For those who already hold positions, the key is to manage based on whether support fails, not to get carried along by every fluctuation. For those currently in no position, prioritize waiting for a breakout and retest or confirmation of support. Spot can be scaled in batches; for derivatives, you should shorten the decision chain—first determine the stop-loss level, then decide whether to participate.
Next, I’ll focus on tracking the gain/loss of 0.000916. Do you lean more toward first testing 0.000943, or first returning to 0.000889? Feel free to leave your view and rationale.
#EightChineseFinancialFirmsRaise360BYuan
