9.24 BTC/ETH Market View:

Yesterday’s sell-off from the high point wiped out quite a few long positions. That’s the charm of this market—turns out everyone has a chance. But it’s also brutal. If you don’t manage your position sizing, and if you just go all-in on your trades, then you truly won’t be spared! The low-long setup that Zhong Liang updated at the Zhongliang Square yesterday is currently trapped for those who are in it. The main BTC long position is at 86,000. At night, add longs at 84,500. The average price is around 82,500. For ETH, he said to be long at 2,720, but no averaging was added there. At midnight: for those who don’t have a long position, you can long at 84,000, and you can long at 2,650. Right now, it’s also hovering around the cost basis.

Don’t say things like “ETH rebounded to the highest at 2,697 during the early morning.” Those dozens of points have never been Zhong Liang’s target. This leg for the long side is meant to take it to 90,000 and 3,000.

Actually, every day’s thinking is explained clearly enough. Yesterday at 86,000, he said to hold the main long, and he also explained the considerations for adding at around 83,000, and he reminded everyone: either there isn’t much of a pullback, or it’s just a needle-wick. He also emphasized that position management is absolutely necessary. So if you’re the kind of trader who does short-term trades and feels proud when you catch a move of a few dozen points in ETH, then Zhong Liang’s daily posts will never satisfy you. You really can unsubscribe/unfollow!

There are so many streams every day in the square—go up, don’t come down empty, and it’s basically effortless money. Even a dozen points can be a win just by lying there; it’s profit no matter what. That might suit you better!

Alright, let’s get straight to today’s plan. Whether after averaging down, your long average is 85,200, or whether you’re long at 84,000; whether you’re long at 2,720 or long at 2,650—you can continue to hold. Whether it’s a needle-wick or a pullback, it’s not enough to change the trend! If you don’t “stop the car to pick people up,” how would your long positions get on board?

As I always say: if our views differ, then you must be right. You follow your own approach. Zhong Liang is only sharing his viewpoint every day—don’t assume I’m calling orders directly at you!

If you don’t have any long positions: today focus on 83,500–84,000. You can still enter with longs at the low. For the rebound, watch 85,500–87,000–90,000 as resistance.

ETH is still long around 2,650. The targets to look at are the resistance levels at 2,720–2,850–3,000. #美国拟推动美元稳定币海外使用