Good afternoon, everyone. Today, I'll briefly talk about my trading strategy for Bitcoin.



The long strategy from last night really paid off—we entered around 90,000, rode the rebound up to 91,400, and secured a nice 1,400-point profit. Around 22:30, the price hit 89,800, and I judged that this was a good spot to go long, which turned out well as the rebound was strong.

But the good times didn’t last long. After climbing to 91,300, the price plunged straight down to around 87,900, dropping 3,500 points in a single move. “Black Friday” really lived up to its name—quite a brutal drop. Now the question is: will yesterday’s support become today’s resistance? Or after this drop, will this area turn into a new support opportunity?

Here’s my personal trading plan for today:

**Long opportunity**: If the price drops to the 87,700–88,000 range, consider building a position in batches to see if it can rebound to around 90,000.

**Short opportunity**: If it rebounds to the 90,300–90,500 area, you can try a light short position, with an initial target of 88,500.

One last piece of practical advice—when you’ve locked in over 1,000 points of profit, it’s time to take it and go. Don’t always try to catch the entire move. With the kind of volatility we saw yesterday, once you’re up 1,400 points, you should really consider taking your profits. Don’t get greedy. In this market, moves can come and go fast—protecting your profits is more important than anything else.
BTC2.16%
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MelonFieldvip
· 12-06 07:49
Damn, Black Friday is really ruthless this time. If I can't hold the 87,900 level, I'm screwed.
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ChainMelonWatchervip
· 12-06 07:49
Greed really is the biggest enemy in trading.
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BlockchainRetirementHomevip
· 12-06 07:44
Oh man, this round of sell-offs is really brutal. I also bought in at the 89,800 level yesterday, and today it just got hammered down. But I have to give you a thumbs up for your advice to take profits—definitely more clear-headed than those friends who chase the highs every day. Wait, you mentioned that 87,700 bottom—do you really think it can hold as support this time? Feels like the market has been super weird these past few days. Why do I still have to operate manually? Can you recommend an automated tool? Staring at candlesticks all day is exhausting. Your 1,400 points profit is really nice, the key is your strong execution. I’m just too greedy, always wanting to get the whole fish every time. This Black Friday really lived up to its name—gave me a real lesson. Let’s keep watching to see if 88,500 can hold.
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LiquidationOraclevip
· 12-06 07:39
Ran away at 1400 points, what else is there to think about? This drop was so brutal, it’s really scary. I’m still stubbornly holding at 88000, haha. --- Greed really is the poison of trading, you’re absolutely right. --- Black Friday wiped out three months of my profits in one go, I’m convinced. --- I’m watching the 87700-88000 range too, let’s see if it really breaks down. --- Hearing about “eating the whole fish” gives me a headache. Every time I try to get more, I end up with nothing. --- Agree with taking profits when you can. We all know what happens to those guys who want to double up in one shot. --- The question now is, if it rebounds to 90300, can we really sell? Feels like there will be a lot of resistance ahead. --- That 1400 last night was a nice gain, but then the 3500-point drop afterwards was a total bloodbath.
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GasBanditvip
· 12-06 07:28
The saying "a bird in the hand is worth two in the bush" is absolutely right, it's just too hard to actually do it, haha. If I were you, I would have cashed out during that 1400 wave yesterday, but it turns out there was still more downside to come.
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