The overall approach this week has basically been validated. For details, you can check my previous published thoughts, which are all evident.
Moreover, the overall real trading profit this week has been quite good. What’s particularly surprising is that a long-term position taken by a fan directly made 110,000 USDT, and a short position taken in reverse made over 11,000 USDT. With such gains, what do you all think?
I’ve been quite tired staying up late recently, and my sleep hasn’t been very good. The market has basically started to fluctuate late at night and in the early morning, so I might adjust my schedule accordingly.
The overall trading strategy for next week will focus on short positions. Be sure to pay attention to the resistance levels above, which are 98,000-100,000! Also, make sure to set stop losses for short positions; as long as it doesn’t break above, just confidently short it. For the downside, we’re looking at levels 95,000-94,000-93,000, and below 90,000. You can reduce your positions gradually. If you don’t want to reduce your positions, you can take profits and leave some base positions to continue the trend, but it’s advisable to set a breakeven stop loss to be safer.
That’s about all I have to say. Let the bears rise!