Today's Thought Sharing (11.9)
Good evening everyone, have you noticed that there are fewer strategies in the square recently, and more people are either liquidating positions or holding onto them?
It has really not been easy to trade lately, we are also discussing internally, how do we see the current market? Is it a breakthrough to continue looking bullish at 80K, 100K, or is there going to be a pullback? I don't think anyone can say for sure.
What we can see for now is that Bitcoin has broken through to a new high, with a clear view ahead and no resistance. But let’s think about how we fell in July and August? Who would want to continue buying and holding at such high costs? Trump hasn’t taken office yet, and it will be January next year when he does.
I see that the big influencers in the square are all looking at a new high of 80K, so let’s take a contrarian approach on this, I will also pin this article. I believe there will be a new high, but it won't be now.
I still favor three pullback positions: around 70,000, in the range of 63,500-65,000, and around 60,000, with an extreme position I firmly see at 40,000-44,000. Only when the pullback is in place can we better initiate a new wave of rapid surge, and please remember it is a rapid surge.
So I have chosen to stay in cash for now, but I have placed a short position to prepare for testing the waters. If anyone wants to join in, feel free to try it out together, and I welcome discussions.
Bitcoin Position Plan One: Short at 77577, Stop Loss at 78089.
Bitcoin Position Plan Two: Initial Short at 77577, Add Position at 78300, Add Position at 79388, Stop Loss if it breaks 80K. This plan needs to be with light positions or low leverage.
$ETH Let’s also place a point for Ethereum
Initial Position: 3058
Add Position: 3098
Stop Loss: 3138
The rest is left to fate? Can anyone tell me how to lose weight quickly? #大盘的下一步？ #贝莱德比特币ETF交易量创纪录 #BTC创历史新高 #美联储利率决议来袭
