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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Dare to trade. Dare to win.
Today is the last day of 2024, closing the monthly and yearly lines. Although there is no clear reversal signal for BTC, the weekly chart has three consecutive declines, and the energy consumption of shorts is almost exhausted. The closer it gets to the 90,000 level, the easier it is for a strong rebound. The rebound near the new low of around 91,800 last night was strong, directly hitting the center at 95,000. Therefore, it is not advisable to deliberately pursue a return to the new low and take profit on all positions when entering short-term high positions again.
Update the reference for today's short entry point and take profit point, as well as the reference for long entry point and take profit point.
When the market is not so good, it is recommended to hedge at high short and low long positions. The recent daily strategy I have designed is specifically for high short and low long positions. I intentionally take profit a bit earlier for the low long positions to make room for the high short positions, and also intentionally take profit a bit earlier for the high short positions to make space for the low long positions. Those who have been following my trades recently should be well aware of this.