May 7 Market Analysis
At 8 AM today, both BTC and ETH have simultaneously crossed above the four-hour lifeline, generating a new bullish signal.
Therefore, the trading strategy needs to be adjusted in a timely manner to follow the changes in this trend, with a bullish direction chosen.
In terms of entry position, this is currently not the best choice; following the lifeline trading system, it's advisable to wait for a pullback to the four-hour lifeline support to enter. (Specific strategies have been shared within the group.)
Regarding capital management, this is the most important part of the trading system and should be prioritized. It is essential to ensure that any single trade, when stopped out, does not pose a catastrophic risk. The principle is to ensure that the drawdown does not exceed 2% of the principal.
