There will be significant volatility this week, next week, and the final week. The cost of trial and error for short-term trades has increased, so leverage and position sizes need to be reduced. For short-term trades without much cost advantage, regardless of being long or short, stop losses should be set as needed; only by stopping out can you enter at a more suitable position. For example, as long as BTC doesn't break through 94600 this week, shorting near 93850-94050 would be at the highest point. But if 94600 is breached, it could spike up to the 96300-97850 consolidation range. Therefore, a stop loss at 94600 is a must.
If you catch the top with a short position this week, then in the last two weeks of this month, after Japan's interest rate hike is finalized, the profit from this short will be very significant—possibly even more surprising than the drop from 11.11-11.21 down to 80600.
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KimNews
· 12-09 15:09
I love you, from the past to the future, week after week, year after year.
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There will be significant volatility this week, next week, and the final week. The cost of trial and error for short-term trades has increased, so leverage and position sizes need to be reduced. For short-term trades without much cost advantage, regardless of being long or short, stop losses should be set as needed; only by stopping out can you enter at a more suitable position. For example, as long as BTC doesn't break through 94600 this week, shorting near 93850-94050 would be at the highest point. But if 94600 is breached, it could spike up to the 96300-97850 consolidation range. Therefore, a stop loss at 94600 is a must.
If you catch the top with a short position this week, then in the last two weeks of this month, after Japan's interest rate hike is finalized, the profit from this short will be very significant—possibly even more surprising than the drop from 11.11-11.21 down to 80600.