8.6 Daily Market Analysis
Looking for Entry Opportunities During Pullbacks
Yesterday, we set up two scout strategies (BTC and ETH) for long positions. After entering at a key level, although there was an increase, it did not gain momentum. In the evening, we decided to exit decisively and look for other opportunities.
When a key level does not gain momentum quickly, it indicates that adjustments are still underway, and better positions are waiting ahead.
The trading strategy remains unchanged: wait for the market to continue adjusting, and at key levels, set up two (BTC and ETH) to test whether the pullback is over. After confirmation, we will set up for other assets and roll over positions.
The next key level is likely below 111850.
