Today is Sunday, $BTC is currently hovering around $83,000-$84,000, the market is like a weekend vegetable market, not many people, not much activity. Be careful with contracts, don't rush blindly, here are a few suggestions:
1. Don't use too much leverage: The trading volume is low on weekends, and prices can be easily shaken by large orders. If you open a 10x or 20x leverage, a small fluctuation can liquidate you, leaving you with nothing. Be steady, 3-5x leverage is enough; you can earn and withstand.
2. Wait for the right direction before taking action:
- If you want to go long (bet on a rise): Watch the $84,000 threshold, if it breaks through and stabilizes, you can try to chase it, targeting $84,500-$85,000. But don't be too greedy, set a profit limit and run when you reach it. The support level is at $83,500, if it breaks, don't act immediately to avoid getting trapped.
- If you want to go short (bet on a fall): If it breaks below $83,000, you can try to short, it might drop to $82,000 or even $80,000. But don’t be stubborn chasing shorts; if it rebounds to $83,500, quickly stop-loss, don't hold on stubbornly.
3. Focus on short-term trades, don't fall asleep: Today, the possibility of a big rise or fall is low, mainly fluctuating. When trading contracts, go in and out quickly, aiming for a few hundred points of fluctuation, don’t think about holding overnight, you might wake up to find the market has turned against you.
4. Keep an eye on volume and news: Weekends can suddenly bring large orders or news (like Musk tweeting), keep refreshing X to see if there are any signs of movement. If the trading volume suddenly increases, quickly check whether the bulls or bears are gaining strength, don’t get caught on the wrong side.
Summary: Trading contracts today is like fishing; take it easy and don’t apply heavy pressure. Just play within the $82,000-$85,000 range, and make a little pocket money. Keep a steady mindset, don’t think about going all in for quick riches, or you might end up losing everything.
