#BTC #ETH As I mentioned yesterday, don’t chase the long position at 50,000. The market is currently trading sideways. The general direction is a callback and there is nothing wrong with going long. However, I placed a short order last night. I entered it at 2640 at night. Here I am doing Ether, but from the market perspective, the profit margin of Bitcoin will be more impressive than that of Ether.

The screenshot has no other meaning, it just proves that you have placed an order! ! !

Let’s talk about why the general direction is to go long on callbacks but I opened a short order: taking eth as an example, btc is actually similar.

1️⃣Last night, the market almost fell by nearly three points. After retail investors received the goods, the K-line entered a flowing range. What is certain is that someone must be shipping. There is no doubt about this. When the market goes out of the supply range, 2640 becomes extremely important. On the 1-hour line, 2640 is in a concussive range upwards and is forming a concussive range downwards. You can understand it by looking at Figure 2 below. You can understand it at a glance. I don’t need to say anything more.

2️⃣In terms of operation, I will go long around 2600 and go short around 2640, and then pay attention to whether 2600 will be broken by heavy volume. The same goes for short orders, but I personally feel that it is a bit unsafe to chase long at this position (because this position The above is a supply range, and every time it rises, it does not break this supply range, so as the number of times increases, the market's bearish sentiment will become stronger and stronger)

Therefore, for long orders, you must keep an eye on the secondary time period after opening the order, and you must also bring a stop loss. When making contracts, I am used to placing orders on an hourly basis, and keep an eye on the market for 5 minutes or 15 minutes to determine whether the one-hour trend will continue or break. .

I will continue to share my views and opinions in the future. Let's learn and communicate together. You can also leave a message about the coins you want to see. I may save you from stepping into pitfalls.