Good evening everyone, I am your Wei Wuxian. Before you know it, a week has passed, and it’s almost time for tomorrow's market shift. Have you set up your orders?
The internal operations for Bitcoin orders have been synchronized in the square. We entered at a market price of around 114800, adjusting our positions twice. Now we are at an average price of 112800. It’s important to be cautious of a dip below 110000. We have already set up a reduction below that level, with a stop-loss at below 110000, to give everyone a reference direction.
As for Ethereum, we didn’t add any more positions because the drop was basically in line with expectations. To be precise, it was slightly more than expected, but it is completely acceptable. Just manage your position well; if your total position does not exceed 5%, you won’t panic. The real concern is if you keep adding positions without reducing them, then if the price falls, it could easily lead to liquidation.
Until a clear direction confirms that the major trend has changed, I remain a firm bull. Unless Bitcoin wears me down this time and is unable to rise, then I might consider changing course.
Dear ones, get in, get in.
If I make a profit, I’ll be smiling; if I lose, I’ll just curse.