This morning, the large Bitcoin position bought in batches near 116k reached a high of 121859 today, just hitting the upper edge of the target range. The long position near 4300 for the second Bitcoin has also steadily surpassed the short-term resistance level, following the rhythm from this morning.
At this position for Bitcoin, it is advisable to start gradually reducing positions to lock in profits while keeping some base positions to see if it can steadily break through 122k. If it can't break through and falls back to around 120k, then decisively take profits and wait to re-enter at a lower level. This way, profits are protected, and the opportunity for a second chance is not missed.
For the second Bitcoin, at around 4300, you can first reduce part of the position to lock in profits, while continuing to hold the rest to see if it has the strength to push to 4400. If it can't reach that and falls back to around 4100, that would be a good re-entry point. This way there are opportunities for upward movement as well as plans for re-entry at lower levels.
Today's execution of the plan has basically been a steady profit-making rhythm. There's no need to chase highs and cut losses; following your own rhythm is the key to stable profits. A plan combined with discipline is the fundamental way to survive long in the market.
