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It kind of feels like a bit of UTAD, let's see if we can walk like this,
Looking forward to next week's performance.
yekoi
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The position has already been knocked down and is being protected. Look at the chart in reverse: here, the game is about doing UTAD.
That means over the next few days, it must quickly get back above 60,000; otherwise, this area may not hold as support.
Never go all-in with a large position (wager everything at once). Keep pushing while watching closely—if it looks wrong, withdraw in time. Keep waiting.
The position has already been knocked down and is being protected. Look at the chart in reverse: here, the game is about doing UTAD.
That means over the next few days, it must quickly get back above 60,000; otherwise, this area may not hold as support.
Never go all-in with a large position (wager everything at once). Keep pushing while watching closely—if it looks wrong, withdraw in time. Keep waiting.
Back at the end of March, I mentioned there’d be one last dip. After that hit, I only went long.
Now it’s the end of June, and the price has dropped from 82000 to 59000, we’ve definitely seen that big drop.
I firmly believe this period is the turning point.
Let’s focus on proper position management, only long, no shorts.
yekoi
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The mid-term view remains unchanged:
There will be another major crash here, but the time has not yet come. After the big drop, I will buy the dip in spot and only go long.
Short-term view: The range has not yet broken, and there will be a rebound. I don't know how high it will go, but I expect the range of 79000-84000, which has an excellent risk-reward ratio.
Since the decline on March 17, the volume has still been low, even less than the last drop at 74000. If the range is to be broken, prepare for a big drop; there should be more supply on the right side than in the middle segment.
Also, the trading volume in this range is more active than the two distribution ranges above, and now every rise in the range is accompanied by demand, while each drop has less volume than demand.
Yesterday, I opened a short-term long position during the pullback and am patiently waiting for the performance around 72000 and 74000.
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