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Don't chase highs!
This is my current view...
The reasons and plans have been repeated too many times; although there hasn't been a significant drop recently, it hasn't risen much either, with Bitcoin's largest fluctuation being just over 2,000 points.
Trading starts with a plan, then executes the plan. As long as risk control is in place, the rest is left to market validation.
That kind of short-term move of hundreds of points isn't dismissed, but at the current node, there's always a possibility of a trend reversal. I prefer to catch good waves!
Whatever stage you're in, make the decision accordingly. When it's time to act, Brother Sanjin will definitely take action. Rest assured.
In the early stage, we comfortably bought from 74,500 to above 78,000. Later, the ranges at 78,000, 76,800, and 78,800 all have at least 2,000 points of space.
I've always emphasized that Brother Sanjin pursues a strategy of high profit and loss, high efficiency.
Intraday plan:
After the trigger of the range, hold all positions.
Key short-term support is 77,400, with the long-short boundary at 73,800. Resistance is at 79,500-80,000, with the maximum short-term upward space at 80,200-80,800.
Without a clear trend, 79,300-80,000 are both shorting zones.
#BTC #ETH