Recent market fluctuations have many traders asking——why are long positions easily pulled back? When reaching resistance levels, the price starts to drop～If you're still at a loss at this point, we need to calm down and review our approach. By the way, if you have any questions, you can ask me on Sunday evening at 9pm.
Tonight the non-farm payroll and unemployment data will be released, which is a critical time point. Friday will likely see a downward spike pattern, so don't blindly go long. Wait for support confirmation before entering. Once support holds, the market usually takes off. When approaching Bitcoin's resistance zone, there will also be a noticeable pullback.
The target has already been reached. The interesting question is——did I predict the market direction, or is the market following my prediction? (laughs)
**Specific strategy as follows:**
For Bitcoin, if the nightly pullback doesn't break 90858, it will continue rising. Prepare short positions around 93000. Once pulled back, continue with long positions as the main strategy. Aggressive traders can enter the first batch at 90600. Conservative strategy: support at 89888/89300, stop loss below 88800.
Ethereum needs to hold 3135 to launch a new round of upside. Upper resistance at 3175/3215/3254, defend 3280. Support on pullbacks at 3095/3059/3011, defend 2980.
**Key reminder:** Position entry must include stop loss (Bitcoin 500 points spread, Ethereum 50 points spread), strictly execute risk management. Market opportunities never lack; what's lacking is mindset and position management. When market trends trigger key price levels, be flexible in adjusting. Don't rigidly stick to the original strategy. If major news impacts or key support breaks, you must reassess the situation. Maintaining respect for the market is the foundation of long-term trading success.
Recent market fluctuations have many traders asking——why are long positions easily pulled back? When reaching resistance levels, the price starts to drop～If you're still at a loss at this point, we need to calm down and review our approach. By the way, if you have any questions, you can ask me on Sunday evening at 9pm.
Tonight the non-farm payroll and unemployment data will be released, which is a critical time point. Friday will likely see a downward spike pattern, so don't blindly go long. Wait for support confirmation before entering. Once support holds, the market usually takes off. When approaching Bitcoin's resistance zone, there will also be a noticeable pullback.
The target has already been reached. The interesting question is——did I predict the market direction, or is the market following my prediction? (laughs)
**Specific strategy as follows:**
For Bitcoin, if the nightly pullback doesn't break 90858, it will continue rising. Prepare short positions around 93000. Once pulled back, continue with long positions as the main strategy. Aggressive traders can enter the first batch at 90600. Conservative strategy: support at 89888/89300, stop loss below 88800.
Ethereum needs to hold 3135 to launch a new round of upside. Upper resistance at 3175/3215/3254, defend 3280. Support on pullbacks at 3095/3059/3011, defend 2980.
**Key reminder:** Position entry must include stop loss (Bitcoin 500 points spread, Ethereum 50 points spread), strictly execute risk management. Market opportunities never lack; what's lacking is mindset and position management. When market trends trigger key price levels, be flexible in adjusting. Don't rigidly stick to the original strategy. If major news impacts or key support breaks, you must reassess the situation. Maintaining respect for the market is the foundation of long-term trading success.