Happy weekend, brothers! Last night, 3.2 billion CNY was wiped out, and 129,812 people went bankrupt to zero!
Just a report for the brothers, last night BTC rebounded to a high of 103,940, ETH to a high of 2,447.5, and SOL to a high of 142.6!
Yesterday, I repeatedly reminded about these three, no matter which one you traded on Friday, you must exit to protect your capital. In the morning analysis yesterday, I mentioned it in the video analysis and weekend strategy tips; as long as you strictly follow it, there was an opportunity to exit with capital protection last night!
According to our low-buy positions, I have mentioned this several times before. If you hit 2 or 3 positions like this, then exit with capital protection or reduce your position by 80% to set a stop-loss for capital protection! This is crucial to remember!
The new weekend order points given yesterday:
BTC's first order point 101,450 hit, currently making a profit of 1,400 dollars.
ETH hit 3 low-buy points, 2,343/2,285/2,215, and did not hit the stop-loss point, average price 2,281, morning high 2,314, profit potential of 30 dollars, currently consolidating at 2,295, can reduce the position by 80%, set the base position for capital protection or not, wait for a dip to add another position because all three points were entered, so the position is large, at this moment 15 dollars is the minimum standard profit-taking, immediately exit 80%, take back the principal and some profits first!
SOL hit the long-term point 133, currently 137, definitely taking 4+; this is profitable too!
Yesterday's short positions were aggressive; the first target was 150 dollars short of hitting 104,100, the second target was 20 dollars short of hitting 2,466. However, our strategy was mainly short with some support for longs, even though the short positions were not hit, it did not affect our control and switching of rhythm!
Strictly execute the strategy, take profits where you should, take losses where you should, and know how to respond in different situations. In fact, this kind of situation has happened many times in the past 20 days, and we must not become complacent; otherwise, we will be ambushed by the market and turn back into holding warriors!
