#比特币远古巨鲸持续出清 Bitcoin is currently still in a continuous adjustment phase. Since it broke the support level of 112000 on the weekly chart, it won't just have such a small drop. Right now, it's still consolidating below the downward trend line of the second phase of the short-term decline. Generally, a drop is divided into three stages, so don't try to catch the bottom just yet, let's wait a bit. When to catch the bottom? It's when there is a rapid downward spike within an hour that quickly retracts and the hourly line closes positive or the four-hour line closes positive; then it's not too late to enter. For now, let's follow the trend and place trades; every time there is a rebound to the trend line position, we can place a short position. If the main downward trend line is broken, just set a stop loss. I think risking a 3% increase to gain a 6% decrease is worth it. The average price of the short positions we entered together in the live broadcast last night was above 112000, and today when it dropped to 108500, I also did not exit, setting a break-even loss to seek greater profits!
So for those who didn't enter today, you can place a short order at 110750, with a stop loss set at a 3% increase. For trading Bitcoin, you can use a 20x leverage with a 10% position; either flip the account or exit, or set a stop loss. After placing the order, set your stop loss and take profit and don't keep staring at the market; you can't change the market's direction by watching the candlestick charts, and you may be influenced by them. If you have a small profit, you might want to run, and then open a position again, resulting in losing more from the previous profitable trade! After several operations, it becomes distorted—account funds decrease, and it’s better to just hold a trend-following position. Many people actually can't control their hands and mindset, knowing that continuing like this won't work, but they just can't restrain themselves. So it's better not to look; set your stop loss and take profit, and let fate decide!