Brothers, the short position strategy given yesterday has paid off! BTC and ETH have all touched the first take profit position, friends who followed the operations have already made profits! Now there’s no need to struggle with 'should we exit', I’ll directly give everyone the direction: conservatives cash out for safety, aggressive players continue the strategy, clear operations without hesitation!
First, let’s review this wave of profits:
Yesterday I reminded everyone that 'BTC watch 11380 as a watershed, ETH hold 4587'. Once the break point is reached, enter short positions with the first take profit as the target - as a result, BTC directly dropped to the target level, and ETH also accurately reached the take profit point! Many fans in the community reported, 'The short position earned more than 300 U' and 'Finally, I don't have to watch the market anxiously anymore.' This is the confidence of following the signals, not guessing the direction, just following the trend, profits will naturally come.
Now there are two types of operations, don’t follow blindly!
1. Conservative: Take profit and exit, cash in for safety
If you are a friend seeking stability, the short positions for BTC and ETH have already reached the first take profit, it is recommended to close the positions directly! The money you earn is real money, especially since the current market is greatly affected by dollar fluctuations. Take the profit and avoid the market rebounding and giving back profits - wait for new clear signals (for example, BTC rebounding to 112000, ETH to 4450) before considering entering again, no need to be greedy.
2. Aggressive: Continue the strategy, add positions on breakouts
If you can withstand volatility and want to earn more, you can keep some positions to continue the strategy! The key is to watch two break points:
BTC: As long as it breaks below 110000, short positions can continue to be held, looking at 108000 as the second target;
ETH: After breaking below 4330, the target is directly aimed at 4200, don’t blindly add shorts before it breaks;
More importantly, the 'Pyramid Method for Adding Positions':
For example, if BTC rebounds to the range of 111000-111500, first add 30% to the short position; if it rebounds to 112000, add another 20% (total position not exceeding 50%); ETH is similar, rebounding to 4400-4430 add 30%, at 4480 add another 20% - this way you can average down the cost and avoid the risk of holding a full position. Remember 'Pyramid adding positions, add more as it rises', but do not exceed 50% of total funds!
Final reminder:
The market is always full of opportunities, don’t get carried away by this wave of profits! Whether conservative exits or aggressive strategies, set your stop losses properly: BTC stop loss at 113000, ETH stop loss at 4587, if broken, recognize the loss and exit, do not hold on stubbornly.
I will continue to watch the breakout situations for BTC at 110000 and ETH at 4330. As soon as there are new signals, I will announce them in the community. Follow Lao Ma, who will analyze the market for you every day, provide levels, allowing you to earn money amidst the volatility and maintain a stable mindset, so you won't be harvested as a retail investor!
