Just woke up. Since it's gone down a bit, let me briefly say a few words.
Currently, the spring for the Air Force has not come in a substantial way.
The reason is that it stopped falling at 935.
The rise to 978 is from the increase starting at 935.
You can now understand that it’s changing from resistance to support.
Yesterday, I did a live stream and someone asked me if it would go to 100,000.
If it doesn't break through 98, it won't go there.
There are 3.8 billion dollars in trapped positions above this level.
The 78.6% Fibonacci resistance.
Plus, I mentioned in my live stream a couple of days ago that the four-hour/eight-hour has already diverged.
The daily line has already topped out.
So, a drop is expected.
But you should still keep the champagne ready.
When it tests 935 here again, if it goes down, we will pop the champagne! Haha.
Then for those of you currently in short positions making a profit, you should reduce your position to ensure a profit or do whatever you like, just manage your risk. Even if you lose your profit, you can still re-enter under a risk-controlled situation.
For those who have high positions and feel unsafe, consider where to reduce your position, and act accordingly. Surviving this tough time will surely bring future blessings.
These days have been quite tough, but we cannot relax.
Recently, it's been about the long-short game and double kills.
Up to now, to be honest, I still have a positive outlook on the shorts. 🤪
We just need to manage our risks well.
Live stream tonight.