Holy crap, as a graduate student my profit was 110k, and the drawdown went back to 60k RMB—every cent is blood and sweat!!! But now I’m not in a rush to buy the dip; I still have to wait. Brothers, don’t be急—wait, wait, wait. Risk control! Only when I’m giving output to everyone can I stay calm; looking at the B chart makes me want to trade. Unity of knowledge and action!!!
For this BTC cycle, I still want to catch the rebound, but I don’t want to keep telling myself “it’s down too much, so it should bounce” to manufacture a buy point. The 4H correction hasn’t confirmed that it’s over yet. The 81,500–82,100 area is just an observation zone waiting for the selling to stop; as long as it hasn’t broken out higher lows, even if it gets there, I won’t enter.
If I do enter, I’ll wait for the 1H pullback not to break the previous low, then a volume-backed close back above a local high, and then the next pullback holds—only then do I consider a small position. For the rebound, first watch 83,400–83,700; if it breaks, then look at 84,000–84,300. If you can’t get past the first range, don’t treat 84,500 as a guaranteed floor. Two consecutive 1H candles closing below 81,500 means I scrap this rebound plan; once the hard stop-loss after opening a position needs to trigger, I’ll leave.
ETH is dropping too. I’m first watching whether BTC can build the stop-loss structure. I’d rather miss the first move than get on first and then find reasons later to hold through it. $BTC $ETH
For this BTC cycle, I still want to catch the rebound, but I don’t want to keep telling myself “it’s down too much, so it should bounce” to manufacture a buy point. The 4H correction hasn’t confirmed that it’s over yet. The 81,500–82,100 area is just an observation zone waiting for the selling to stop; as long as it hasn’t broken out higher lows, even if it gets there, I won’t enter.
If I do enter, I’ll wait for the 1H pullback not to break the previous low, then a volume-backed close back above a local high, and then the next pullback holds—only then do I consider a small position. For the rebound, first watch 83,400–83,700; if it breaks, then look at 84,000–84,300. If you can’t get past the first range, don’t treat 84,500 as a guaranteed floor. Two consecutive 1H candles closing below 81,500 means I scrap this rebound plan; once the hard stop-loss after opening a position needs to trigger, I’ll leave.
ETH is dropping too. I’m first watching whether BTC can build the stop-loss structure. I’d rather miss the first move than get on first and then find reasons later to hold through it. $BTC $ETH
