$BTC Daily chart level MACD is about to select and break through, 87000 is about to cross upward to form a golden cross. If it can’t break through and instead falls again, that is a “leaking oil” pattern at the daily chart level. Friends who study the MACD indicator should know that in this kind of pattern, the downside move is usually relatively large, starting from about 3,000–5,000 USD.
Last night, I also added to my BTC short at 86713. For a short-term take-profit, my small target is the 84,500–83,800 zone. I added additional size, so my current average price is around 86,200. If you’re feeling very panicked, then reduce your position size yourself—I definitely won’t cut here. Even if it chooses to break out, I still have enough position to adjust the average price, and my leverage is relatively low, so there won’t be much of a problem.
To achieve long-term, stable profits in trading, what you need isn’t only knowing how to study and analyze the market and find buy/sell points. You also need strict discipline to control position size and leverage, and to choose the right liquid traded instruments. If you’re a conservative trader, then avoid high-risk altcoins, extremely high leverage, and the largest-position holding risk-control line. Otherwise, you’ll end up like most retail traders—following KOLs like they’re copy-trading: you move fast and exit fast too. You might double in a few days, and you might also get liquidated and go to zero in just a few days.
Last night, I also added to my BTC short at 86713. For a short-term take-profit, my small target is the 84,500–83,800 zone. I added additional size, so my current average price is around 86,200. If you’re feeling very panicked, then reduce your position size yourself—I definitely won’t cut here. Even if it chooses to break out, I still have enough position to adjust the average price, and my leverage is relatively low, so there won’t be much of a problem.
To achieve long-term, stable profits in trading, what you need isn’t only knowing how to study and analyze the market and find buy/sell points. You also need strict discipline to control position size and leverage, and to choose the right liquid traded instruments. If you’re a conservative trader, then avoid high-risk altcoins, extremely high leverage, and the largest-position holding risk-control line. Otherwise, you’ll end up like most retail traders—following KOLs like they’re copy-trading: you move fast and exit fast too. You might double in a few days, and you might also get liquidated and go to zero in just a few days.
