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Don't remind me again today

To be honest, this position of BTC is quite complicated.



The bullish liquidity below is indeed piling up heavily. Are you itching to place a short position? After calm analysis, I still gave it up—opening a short now has a poor risk-reward ratio and could be taken away by a strong bullish candle at any moment.

My operation plan is as follows:

Place a long order at 89566 and wait for a quick drop.
The stop loss is set at 89135 (this is basically the area where short-term bullish liquidity is bottoming out).
The target is around 90860, take a bounce and exit.

Why not chase the previous high? This wave is just for a rebound, don't be greedy in a tail market. I calculated the risk-reward ratio, and this position is worth a shot.

Next is to wait. The hunter doesn't need to pull the trigger every day; if the market gives a pullback opportunity tonight or tomorrow night, this order will be successful.

Are there friends waiting for a pullback as well? Orders are set, stop losses are strict, and the rest is up to the market. Remember: strictly control your position, if you need to stop loss, then stop loss, don't think about catching the whole fish.
BTC7.1%
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