BTC pulled back again over the weekend, briefly dipping to around 79,100. The price has just returned to the 80,000 level, and before you know it, the battle to defend 80,000 is on. At a level like this, you don't have to go long, but Zhong Liang does not endorse going straight into a short! Even if you do short, wait for a rebound before entering at a high level!
For longs, you can either wait until the market holds above 84,500 before going long and targeting 87,000–90,000, or wait for the price to approach 78,000 before buying the dip.
If you're stuck in a long position after holding it for so long, all you can do is keep holding on. Don't add to your position, and manage your liquidation risk carefully—make sure it stays below 70,000.#股票财报季 $BTC
For longs, you can either wait until the market holds above 84,500 before going long and targeting 87,000–90,000, or wait for the price to approach 78,000 before buying the dip.
If you're stuck in a long position after holding it for so long, all you can do is keep holding on. Don't add to your position, and manage your liquidation risk carefully—make sure it stays below 70,000.#股票财报季 $BTC