Stop-loss is the last armor for traders and the only mercy the market offers you. The market will not show any compassion for any luck — a 10% stop-loss is protection, while a 100% resistance to loss is suicide. Those fantasies of 'just wait a little longer to break even' eventually turn into the blood and tears numbers on a liquidation bill; and the complaints of 'just hitting the stop-loss and rebounding' are merely the ignorance of survivors towards the silent majority in the grave. The real cruelty lies in the fact that trading without a stop-loss is essentially gambling with your life, not investing. The difference between a master and a gambler is never about the technique, but the decisiveness in that second when cutting losses. Remember, the market always has the next bus, but your principal does not have a resurrection coin. This morning, we suggested going long around 93000-92800. If the price retraces to our predicted entry point as expected, then we will definitely enter the market in the direction of the trend.
Regardless of the level of the candlestick chart, the bulls are continuously increasing their volume, and the market is currently in a consolidation phase after a high. The pullback after the surge is not significant, and the overall market trend has not changed. Our thinking this morning continues to focus on going long.
Bitcoin can be bought around 92000-92200, targeting 95000.
Ethereum can be bought around 1760-1740, targeting 1850#加密货币总市值重回3万亿 #特朗普称无意解雇鲍威尔 .