Strategy issued on the 2nd, in place by 8 AM on the 3rd!
For the three targets, only managed to catch the big coin, but that's enough...
Synchronously pairing it with two altcoins!
I have clearly stated before that if this week continues to close in the red, then August will likely be dominated by declines;
And I choose to buy the dip because:
First, fundamentally I do not believe we will enter a monthly level correction; once we enter a monthly level pullback, the big coin will have to drop to 100k. Recently, institutions have been buying, which does not align with the main forces' greatest interests. If there were to be a major pullback, they could easily sell first and then buy, rather than buying first and then selling!
Second, from a technical perspective, we have reached the position that I believe has a high probability. Why is the big coin around 112 a high probability position? I won’t elaborate much on that! Those who have learned from my line drawing should know what I mean.
Third, from a fundamental perspective, market sentiment has been ignited by this round of Auntie’s rise. If it were to drop too badly, pulling it back up wouldn’t be something that could be done in just a few weeks. Although the Federal Reserve hasn’t cut interest rates, it’s just a tough situation. There are only a few months left in the second half of the year, and from September to November, they will have to cut. The market speculation itself is: 'buy the expectation, sell the reality.' Not cutting interest rates does not affect the rise of the big coin and the second coin; it only affects the altcoin season, which is two different concepts. Coupled with this round of favorable non-farm data, is it really to slap Trump in the face or to give a step down for interest rate cuts?
When trading, just stick to the trades within your understanding. I can't control my own mindset, so I only engage in one-sided markets!