CKB Alert! 0.00625 is the lifeline, those trapped should quickly read the escape guide!
1. The trend is bad: The early session spike is a trap to lure in buyers, a large bearish candle breaks through key support, and bears are in control.
2. Huge pressure: The limit for a rebound is 0.00625, which is strong resistance and cannot be surpassed.
3. Solutions by position:
Heavy positions on contracts / near liquidation: Immediately reduce positions or close them! Life preservation comes first, do not gamble.
Light positions on contracts: Wait for a rebound to around 0.00625 when it shows weakness, decisively cut losses.
Spot positions trapped at high levels: Just lie flat! Do not average down, wait for the overall environment to improve or for signs of price stabilization.
Spot positions trapped at mid to low levels: Wait patiently. If you really want to average down, you must wait for a drop to around 0.0055 with consecutive stops in decline + decreased volume, then make a small addition to dilute costs.
4. Core principles:
Recognize the trend: In a downtrend, a V-shaped recovery is difficult, do not fantasize.
Preserve capital: Especially with contracts, cutting losses is better than liquidation. Do not average down randomly in spot trading.
Wait for opportunities: Getting out of the trap takes time, pay attention to whether 0.0055 can hold.
Seize the rebound: If there is a rebound to around 0.00625, it is an opportunity to reduce losses and escape, not a chance to chase the rise!
In short: The trend is downward, 0.00625 is the escape door, preserving capital and waiting is the best strategy!
If you currently feel helpless and confused in trading, and want to learn more about cryptocurrency knowledge and cutting-edge information, leave a follow, and don't get lost in this bull market!