Investing involves risks; enter the market with caution. The above trend points only represent my personal views and do not constitute investment advice!


Crypto veteran, steady profits!
White market strategy
Bitcoin today on the hourly chart stays above 90845 to continue looking for a rebound, indicating a bullish trend. Resistance levels above are around 92109 and 92890, with major resistance at 94154. A break below or a rebound failing to surpass 90845 indicates the bullish rebound is weak, and we should look for a pullback to support levels around 89580 and 88788. A strong support near 89153, and if it stabilizes above 87534, it marks the bullish-bearish dividing line; a break below suggests trading in the direction of the trend.
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Today on the hourly chart, only if it stays above 3131 can we look for a rebound, indicating a bullish trend. Resistance levels above are around 3216 and 3269, with major resistance at 3355. A break below or a rebound failing to surpass 3131 indicates the rebound has ended and a continuation of the pullback. Support levels below are around 3045 and 2992, with a solid support at 2907. If it stabilizes above 3131, it marks the bullish-bearish dividing line; a break below suggests trading in the trend’s direction.
------------------------------------------------ Stay above the bullish-bearish dividing line or break below to trade in the trend’s direction.
For stop-loss placement, standard points near the entry are about 700 points for Bitcoin and 50 points for Ethereum. You can also choose to add positions at support and resistance levels. As long as the last position in the long or short is not broken, it’s fine. Manage your position sizes well. Do not hold through a loss.
Strategy precautions:
The dividing line position indicates the bullish or bearish market condition at the time I send the strategy. Rebounds at the upper or lower levels can be used to open corresponding long or short positions. This point tests personal understanding and technical skills. The first support and resistance levels above and below require close monitoring for rebounds and pullbacks. If the market moves sluggishly, consider taking profits early and exiting flexibly. The second and third resistance/support levels are generally more stable. Most points tend to hold, but the strength of rebounds or pullbacks varies. Extreme news or uncontrollable factors are exceptions. Strong bullish markets should mainly buy on dips; for shorts, aim for high points at the second or third resistance levels. Strong bearish markets should mainly sell on rebounds; entering around the second or third support levels is safer. The daily strategy points operate within a framework about 90% of the time throughout the year. As long as you stay attentive, avoid greed, control your hands, and trade steadily, profits are achievable. Never hold through a loss. Stop-loss without hesitation, take profits without greed. Remember, profits and losses come from the same source. There are no invincible winners in this market. Being able to avoid losses is already difficult; making money without losing is even more so. Avoid frequent trading and over-leverage. Futures are just a seasoning; when spot market is quiet, it’s fine to trade for fun. Never hold through a loss; never hold through a loss; never hold through a loss. Missing a trade results in losing one opportunity; holding through a loss can cost many opportunities.
BTC0,98%
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