In the big bull cycle, short-term trading involves either shorting at high levels and going long at low levels while hedging, or only going long on dips. Avoid only going short in one direction, no matter how weak the market is. In the early stage of a big bull market, the market logic is different when alternating with small bulls and bear bulls, there is no unilateral decline, and there is no big plummet like 5.19 or 3.12. On Monday, the expectation of a rate hike in Japan increased, but yesterday there was news that the rate hike may be postponed until after March next year. This gives the market a tranquilizer, indicating that there will not be a large decline from December to March. Focus on going long on pullbacks and downplay short positions.
Simultaneously go long and short, with the short position being three times that of the long position. When the short position reaches a certain pressure level, only take 2% profit. After three pressure levels, a natural correction will occur, so set a stop-loss at the nearest three support levels in advance. If lucky, you may encounter a plummet and maximize your floating profit. In a bull market, shorting is a slow process. It takes an average of ten days to short and profit once a month. Unless you have fast hands, such as taking 20-30 points of profit on ETH daily, super short-term trades that require profit-taking after one or two hours are too tiring and I don't have the time, energy, or physical stamina for them. On Tuesday night, I simultaneously gave two options: bottom-fishing at 95455 and 94455, and shorting the high at 97700-98200, with a stop-profit at 96666-94666. Many people only chose to go short. To be honest, I am very disappointed by this. It shows that you are too fearful of a fall!
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In the big bull cycle, short-term trading involves either shorting at high levels and going long at low levels while hedging, or only going long on dips. Avoid only going short in one direction, no matter how weak the market is. In the early stage of a big bull market, the market logic is different when alternating with small bulls and bear bulls, there is no unilateral decline, and there is no big plummet like 5.19 or 3.12. On Monday, the expectation of a rate hike in Japan increased, but yesterday there was news that the rate hike may be postponed until after March next year. This gives the market a tranquilizer, indicating that there will not be a large decline from December to March. Focus on going long on pullbacks and downplay short positions.
Simultaneously go long and short, with the short position being three times that of the long position. When the short position reaches a certain pressure level, only take 2% profit. After three pressure levels, a natural correction will occur, so set a stop-loss at the nearest three support levels in advance. If lucky, you may encounter a plummet and maximize your floating profit. In a bull market, shorting is a slow process. It takes an average of ten days to short and profit once a month. Unless you have fast hands, such as taking 20-30 points of profit on ETH daily, super short-term trades that require profit-taking after one or two hours are too tiring and I don't have the time, energy, or physical stamina for them.
On Tuesday night, I simultaneously gave two options: bottom-fishing at 95455 and 94455, and shorting the high at 97700-98200, with a stop-profit at 96666-94666. Many people only chose to go short. To be honest, I am very disappointed by this. It shows that you are too fearful of a fall!