How to operate on May 22?
Is there a wealth code in the text?
BTC Morning Analysis and Operation Suggestions:
Let's review the operation plan provided yesterday. It was clearly stated that a bearish outlook was possible, but not to short, which avoided the risks of short positions. In terms of spot trading, just a few words: continue to hold. It seems simple, but it avoided leverage risk and obtained spot profits.
Additionally, yesterday some fans asked: they saw other big accounts saying it would drop, and as a result, they sold all the spot positions I advised them to buy at low prices. They left a message asking what to do? You were advised to buy at a low price, but you listened to others and sold. What can I do? My buying position is always at a low price, including the lowest price during the year 2024, where on August 5th, I provided the confidence and courage for everyone to buy the dip. In the end, I will attach two pictures as examples to prove that it’s not just hindsight or bragging.
BTC
As of now, it has reached 110,000, hovering near historical highs. Going forward, let's not guess the top. From my years of experience, I can tell you that this not only puts you at risk, but it is also meaningless, and the cost of trial and error is high. Even if it is the top, there is a high probability it will reach new highs before coming down. If it doesn’t reach new highs and comes down, it’s still not too late for us to enter the market on the right side. Remember.
Contract Operation Suggestions:
Open long positions on dips, with a good insurance stop loss of 1000 points. If it hits the stop loss, it’s still worth it.
If you want to short, wait for a clear reversal and then enter the market on the right side. Remember, remember.
ETH
Before Bitcoin comes down, it is highly likely to continue rising, and other mainstream altcoins have more room for rebounds.
So for spot trading: continue to hold, wait until around May 27th for a high point to reduce positions, or wait for a clear turnaround to sell.
Attached are two pictures, which were the buy-the-dip instructions I sent to the brothers who have followed for many years on August 5th, 2024. Shortly thereafter, it rose by more than 4000.
