Perfect profit stop! The strategy is accurately realized, and the next wave of opportunities is brewing
Let's review the strategy given in last night's video first. Congratulations to the friends who got on the train for successfully taking profits and harvesting perfectly!
BTC operation review
Last night, we clearly pointed out in the video that the range of short orders for big cakes was 119500-120000. The highest price this morning reached 120300, which just gave us the ideal entry range, and the short order was successfully traded.
The profit stop position given in the strategy is 118000, and the stop loss is set at 121000. The current price has successfully reached the profit stop target, and the perfect bag is safe.
ETH operation review
For the second cake, we arranged a short order in the 3760-3770 range last night, with a target of 3660-3670. Today's trend did not disappoint everyone and successfully reached the profit stop range. The brothers who got on the train successfully arrived at the station again and ate meat steadily!
Post-market strategy layout
BTC: I have emphasized last night that the current key range of Bitcoin is between 120,000 and 116,000
If it fails to break through and stabilize at 120,000, or does not fall below 116,000, we can continue to do swing operations in this range
Once it effectively breaks through 120,000, the market may start a new round of upward trend.
On the contrary, if it falls below 116,000, the market may enter a "flood-like" decline, because the short-term support below is weak and the potential profit space is huge.
The medium- and long-term thinking remains unchanged: consider ambushing medium-term short orders near 120,000. Once it breaks, the profit space is very considerable.
ETH:
It has not fallen below 3,600 at present, and the overall range is still oscillating between 3,600 and 3,800. There are still opportunities for swings in the short term. The operation ideas are similar to Bitcoin.
