After the holiday, I took a short position at 89666. This price level has relatively concentrated liquidity, so I'll take a small profit first. I placed a limit order at 90888 in the area above 91 and below this zone to wait for opportunities. Looking further up, liquidity becomes noticeably sparse, so if the price moves straight up, there won't be much room for operation. Therefore, the main focus now is whether the market can move within this liquidity-rich zone; otherwise, the upward potential may need to be reassessed.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
CodeZeroBasisvip
· 6h ago
Your technique is indeed solid. I'm also lurking there, just waiting to see if we can hold this range. --- 89666 is a good entry point; high liquidity means it's easy to be smashed. --- Haha, no need to fear. Eat the meat first, see you at 90888. --- If this wave pushes up and directly causes a breakout, we still need to wait for a confirmation signal of the breakout. --- I agree with the idea of limit orders. Only by not being greedy can we survive until tomorrow.
View OriginalReply0
hodl_therapistvip
· 6h ago
Well... I'm just worried about skipping over your 90888 directly, haha.
View OriginalReply0
PrivateKeyParanoiavip
· 6h ago
89666 is indeed stuck tightly at this position; with sufficient liquidity, you just need to be patient and wait.
View OriginalReply0
TrustMeBrovip
· 6h ago
89666 that position is indeed quite good; the liquidity aspect needs to be carefully considered.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)