You really have to be quite cautious when opening contracts.

The market crash time will not be now. If the market experiences panic selling, you should be bold enough to buy long and purchase spot positions. This article is valid for 3 days.

Trading Plan ｜ June 17

1. Why do I say the crash time is not now?

According to the behavior of the main force distributing their assets, the current market has already experienced two major levels of bullish distribution.

The first was when it broke through the new high position, marking the main force's first distribution dump.

The second was when BTC surged to 110,000; I mentioned in a previous article that whether the main force breaks the new high is not important. We are not the main force, so we don't need to care about where they push the price. We just need to understand what they are doing.

Now, we still need one more extreme bullish trap that makes people believe this is a new trend to rush to buy BTC. In this process, the main force will distribute the remaining chips completely. I won't go into detail about this today; I will post a weekly follow-up on the main force's distribution. If you want to see previous trend tracking, please refer to earlier articles or follow up this weekend.

The explanation here is to let you know that KOLs are placing a lot of panic short orders at this position. However, these short sellers will make some profit, but in the end, they will all be squeezed out by the main force's final short positions and will switch to long positions. Ultimately, near the new high, the main force's dumping will create a large-scale double kill of bulls and bears. I will screenshot this statement and post it again in a future article.

2. Current 4-hour buy points

The current 4-hour level is undoubtedly a bearish trend, having broken below the 4-hour EMA moving average group.

At this position, the first scenario is that the main force rapidly dumps, causing panic and leading retail investors to sell their chips, resulting in small-scale accumulation before reaching a new high.

The second scenario is a sideways movement plus a spike. If there is support for buying long, I will analyze the market and post accordingly.

The buy position during this dump is around 103,000. This dump has a certain probability of being relatively deep because sometimes the main force cannot control the spikes that occur during a chain liquidation. Therefore, do not use high leverage and risk being liquidated. You can use a one-position double-entry strategy, which means entering one position first, then adding more if it drops, or chasing if it rises. This way, the initiative always remains with the trader.

The reason for buying long at this position is that the main force will not break their established support for distribution before completing the distribution. Just like I wouldn't lift a stone to smash my own foot.

Thank you.