6.10 Brother Chi's Video Notes

Yesterday's Review: At this time, the benefits of light positions on the left side and confirming positions on the right side are evident. Yesterday, the initial position only accounted for 30% of my total opening position. A small cut of 500 points isn't painful. Even if I had a stop loss of 1500 yesterday, it would still be okay since my position isn't heavy. If you start with a heavy position, you would definitely feel anxious when it suddenly goes up, and it hurts when you cut losses. Sometimes, you might even miss a false breakout 2b order because of this, and then you easily start holding onto your position. If you're quite stubborn, you've already accumulated a floating loss of 3000 points by now. If there's a breakout with volume, then losses must be accepted.

Currently, from the BTC perspective, the large consolidation area is between 101000 and 112000. The closer you get to the upper boundary, the more you should short; the closer you get to the lower boundary, the more you should long. It's best to make a 2b rebound order after a false breakout, so you have a clear stop loss.

ETH is currently breaking out of the previous consolidation zone. If you want to short, patiently wait for a trading opportunity at 2870 because it couldn't go up from this point before, leading to the subsequent crash. Therefore, this point is a resistance level.

I didn't buy DOGE spot, but today it also broke out along with ETH, reaching the first take profit level of 0.195 mentioned by Brother Chi, rising by about 5 points. If it returns to the range of 0.171-0.183 later, it is still worth buying spot.