Can a small stop-loss trigger big profits?
The impact of last night's stop on tariffs on the crypto market was still significant, with overnight surges of thousands of points becoming the norm. Many investors might be wondering if a bull market is coming!
In fact, for contracts, it is possible to make money regardless of whether there is a bull market or not. When a bull market arrives, there are countless short positions in a one-sided market, and long positions often can't hold on for long. It’s all about choosing key positions, which we refer to as places with relatively high cost-performance ratios for trading, just like the current situation. The chart shows a clear W shape, and the upper Bollinger Band is already looking for space upwards, while the KDJ indicator has surged and is now hovering at lower levels.
81400-81600 is the ideal entry point for long positions in my mind, with the upper space around 84600. Just set an acceptable stop-loss based on your own position.