It’s here! Bitcoin hits 78,500! Will it keep rising? SOL is stuck in a slump—what exactly happened?
1. Let’s talk about SOL first; it’s been a while. Shuqin knows this coin very well. Its price moves are roughly twice as large as Bitcoin’s. When Bitcoin rose 50%, SOL went from 60 to 120—a 100% gain. So here’s the question: Why is BTC rising now while SOL isn’t?
2. As we just said, SOL is about twice as volatile as BTC. That applies not only to rises, but also to drops. If BTC pulls back 15%, SOL may pull back 30%, so there’s really nothing strange about it. And buying the dip on SOL during a downturn can offer better value, because it falls further—and when the next bull market comes, its rebound could be even bigger!
3. All right, now let’s talk about BTC. It has completed its first rebound and reached our initial target of 78,500. There’s some minor resistance here, so it probably won’t break through all at once. Shuqin also reminded everyone yesterday to take profits here. Did you close your position?
4. So my next move is to plan to go long at the 76,500 support level, then go short near 80,000—for example, at the 79,500 resistance level. You don’t even need to make a subjective call on the market’s direction. Trade long and short around support and resistance, and you can basically jump in and catch a move whenever the price gets there—then profit from the pullback~
5. That’s how Shuqin has achieved an 88% win rate with short-term trades even in this year’s bear market, opening trades like crazy every day. I’m holding for the long term, and I’m taking short-term profits every day too~
1. Let’s talk about SOL first; it’s been a while. Shuqin knows this coin very well. Its price moves are roughly twice as large as Bitcoin’s. When Bitcoin rose 50%, SOL went from 60 to 120—a 100% gain. So here’s the question: Why is BTC rising now while SOL isn’t?
2. As we just said, SOL is about twice as volatile as BTC. That applies not only to rises, but also to drops. If BTC pulls back 15%, SOL may pull back 30%, so there’s really nothing strange about it. And buying the dip on SOL during a downturn can offer better value, because it falls further—and when the next bull market comes, its rebound could be even bigger!
3. All right, now let’s talk about BTC. It has completed its first rebound and reached our initial target of 78,500. There’s some minor resistance here, so it probably won’t break through all at once. Shuqin also reminded everyone yesterday to take profits here. Did you close your position?
4. So my next move is to plan to go long at the 76,500 support level, then go short near 80,000—for example, at the 79,500 resistance level. You don’t even need to make a subjective call on the market’s direction. Trade long and short around support and resistance, and you can basically jump in and catch a move whenever the price gets there—then profit from the pullback~
5. That’s how Shuqin has achieved an 88% win rate with short-term trades even in this year’s bear market, opening trades like crazy every day. I’m holding for the long term, and I’m taking short-term profits every day too~
