🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Continuing from the previous text
First, let's talk about how to handle this long position.
Option 1: Once again, reduce the position when it hits 819, and still not reach 82, or even lower than our cost price, walk away
Continue to reduce holdings above 82, see if it reaches 825
Option 2: If you feel you are earning less, reduce the position and hold on. The stop-loss is at 80000, which I mentioned as a reference point in today's discussion. Obviously, it does not offer a good risk-reward ratio.
Because I said that the four-hour trend is the air force's dish
The reasons are as follows: the four-hour MACD continues to be negative and gradually expands, and the downward momentum strengthens.
RSI39.02 is close to oversold, not entered, but there is downside space
EMA7 has crossed below EMA30, further confirming the downward trend
Including the present rise momentum, Mo Moji momentum, everyone can see
Everyone, don't call me a fence sitter. Sometimes there are more positions, sometimes there are empty ones. I also have more positions in it. Everyone can see that. When we enter, we must think about countermeasures against the trend. We can't just watch the manipulative market. Right now, I'm just laying out our retreat and advancement, so we don't get hit again 🤣
Let's discuss the short position again, the brain capacity is limited, consider 825 again
Speaking of this, I think of the short position at 85 in the middle of the night today, with a high of 847, I didn't get it, I didn't even get it myself, slapping my thigh anyway, but I'm not like the trend masters in the market, hanging a point, the market didn't even touch it, posting to say that I made a profit, not playing with words.
Anyway, what I said is for reference only. There are many methods. Follow your heart, be strict with yourself, and finally, thanks to the friends who have been advancing and retreating with me🦭
#BTC#