After midnight last night, the department head was still helping B friends monitor the market.
In fact, such sharp fluctuations caused by news are really hard to encounter, maybe out of 100 days of trading, there is only 1 day with such significant volatility. Therefore, position size must be well controlled.
The conclusion from last night’s overtime market observation is that it is impossible to break below 117000 because the 4-hour rising channel will not drop below that level, which is 117000.
So last night it was suggested to go long just above 117000, with a stop loss of a few hundred points, and we must at least aim for a take profit of a few thousand points to exit! $BTC #BTC再创新高 #BNB创新高