5.24 Bitcoin Daily
This wave of operations feels like a roller coaster ride! Trump suddenly announced that talks with the EU have collapsed and plans to impose a 50% tariff on EU products. As soon as this news broke, US stocks were 'rubbed into the ground', plummeting all the way down. Bitcoin Auntie also faced misfortune.
In the current market environment, it is harder than climbing to the sky for Bitcoin to rebound. The bears are like a group of fierce beasts, firmly controlling the market, and Bitcoin can only obediently enter a period of adjustment.
Let’s talk about practical operations. Today is Saturday, and if you want to trade Bitcoin, it is recommended to sell at high points in the price range of 10700 - 10900, and buy back at low points to make a profit on the difference. However, make sure to leave yourself an exit strategy and set a stop-loss price, just like wearing a seatbelt while driving, to prevent a sudden 'surprise attack', such as unexpected news that could throw the market into chaos.
Everyone mustn't be a hands-off manager; you need to keep a close eye on the news and quickly adjust your strategy at the slightest change. This way, you can minimize losses and maximize profits in this ever-changing market!