July 3, 2024

1. I chatted with a "big trader" a few days ago

1. I said: "If $BTC can't reach 100,000 in this cycle, no one will play in the next cycle!"; 2. I said: "It's not too much to look at the previous high of 4800-5000 for the medium-term goal of ETH?"; 3. I said: "Look at the US stock market next door, after the boss, it reached 234567, and look at the cryptocurrency circle, which is collectively down, hating the US stock holdings for too little"; 4. The big trader said: "In fact, if the timeline is extended, from last year to now, the cryptocurrency circle is obviously much higher than the US stock market." 5. I said: "That's right!"

2. Talk about the market

1. $BTC is still very successful. If the bottom-picking cost line is 60,000→61,000, although there is no more cost zone to open up the distance, there is no need to rush. For mid-term orders, a stop loss should be given.

2. Although there is no push, you will know if you admit it. The adjustment since 73777 is all sawtooth. I can only say that sawtooth is awesome.

3. Don't be anxious about this kind of large-scale adjustment. Just look at the bears' liquidation and unload the exchange. Continue to look at the bulls. Don't participate in small-level adjustments. Do medium-term or hold positions and wait, because there are too many ways to move, and it's annoying. Watching the market every day affects your mood. Find something that doesn't affect your mood.

4. From the online point of view, there is indeed a little atmosphere around 64,000, but I don't think the atmosphere here is very big. It's just a control method. The real atmosphere is in the middle area;

5. If there are futures orders here, and you have finished your bullets and are waiting, you can stop loss a little bit below the 60,000 integer level. Personally, because I build positions in batches, I am not prepared to stop loss. If it is below 60,000, I will continue to build positions;

6. My personal futures strategy this time is to build a left side.