7.14 Monday
Market View:
1. Looking back over the past half month, I have been emphasizing the need to enter the market and abandon single trades. The video explains this in more detail. I pointed out the positions of Bitcoin and Ethereum, with the first reminder at 105700, and the second reminders at 107800 and 108000; currently, there is more than 10,000 points of space for all of them. The first reminder for Ethereum was 2370, the second 2480, and 2500; currently, there is at least 500 points of space available;
2. I remind you that this significant rebound should have a very high risk-reward ratio, even achieving 1:8 or even above 1:10.
3. I have been reminding you about altcoins, and currently, they all have over 40% space available.
4. After establishing a bottom position, I have said that we need to adopt a rolling position strategy to continue increasing our targets. Currently, members and custodians basically hold 3-5 targets;
Currently, my view remains unchanged, still bullish, but do not chase; just wait for pullbacks on bearish candles to enter. The top is unpredictable; we do not guess tops or touch tops, we follow the trend. If the 4-hour chart breaks below the life line, we will take countermeasures; until then, we hold steady.
#BTC再创新高 #姨太 #山寨