Pulling back to the cost line, just right here, a small long position with 1x leverage is just right.
This position is actually quite critical—if it can hold above 8, everything else is negotiable. If it can stabilize around here, even if there are a few waves of consolidation and fluctuations, it’s not a concern; cleaning up floating capital would actually make it easier to build momentum for a stretch. After all, the previous wave of enthusiasm hasn't completely dissipated, and the chip structure is still relatively healthy. If it really stabilizes, aiming for 16 is not greedy, and the small resistance levels around 10 and 12 are unlikely to hold.
Of course, leverage needs to be understood clearly; 1x is neither too much nor too little, allowing you to keep up with the rhythm without being too passive. If it unexpectedly drops below 8 and doesn't recover, then the calculations need to be redone, but currently, this probability seems low, so let's stick to this script and adjust as we go.
$ETH Is this what you call being able to go up and down?~
Both sides of long and short positions have benefited, especially the short positions that entered the market during the spike, it’s quite exhilarating, and now we're on a two-game winning streak~
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Role of BTR Token: BTR is the native governance token with a fixed issuance of 1 billion, aimed at incentivizing ecosystem development and participation in governance. Detailed tokenomics will be announced before the Token Generation Event (TGE).
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The overall trend on Saturday and Sunday is still fluctuating sideways, with a very small range of movement, in line with the idea of shorting at high levels. I will continue to be bearish, with resistance around 4475 🧧
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