After Monday's sharp drop and subsequent rise, Bitcoin has once again surged to the 107,000 mark today. The fluctuations are significant, and the transition time is quick; before many small investors can react, their chips are already gone...
In the face of this crazy market washout, how should we operate steadily?
Understanding the trend: Horizontal adjustment after a big rise, transitioning to a slow upward trend.
First: Use light positions to test the waters, even if this wave of rise occurs. Many small investors either face key resistance and sell off or exit midway during the upward trend, without any opportunity for a pullback to safely go long.
I estimate many people, like Xiao Ge, want to go long but have no opportunity for a pullback, so they can only trade at key resistance and cannot hold for long because the trend is here.
Second: Lock-in operations. The best way to lock in positions is to maintain equal positions, spaced 300-500 units apart. When one side breaks out, exit the other side promptly, and hold onto the correct side. This method may be challenging for some, but it is best for fluctuating markets.