During this time period in the European market, we should focus on range trading and avoid being too aggressive. Small long positions can be tried near support levels, and light positions can be taken to explore short positions near resistance levels. Place stop-loss just outside the range to prevent false breakouts from trapping us.
If the price effectively breaks above the upper boundary with increased volume, then it’s time to add to long positions, targeting previous highs; conversely, if it breaks below the support, a quick reversal to short positions is necessary. The key support levels below are the last line of defense.
Specifically, go long at 4490, place stop-loss at 4470, and target 4550.
Risk Reminder: Trading involves risks; decisions should be made cautiously.
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BearMarketSurvivor
· 6h ago
Be cautious of fake breakouts; otherwise, you'll really get trapped.
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ZkProofPudding
· 7h ago
4490 entered long, targeting 4550, but I feel today's volume is insufficient. The probability of a false breakout is quite high.
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BTCBeliefStation
· 7h ago
Entering long on 4490, not short; feels like today will mostly be volatile sideways.
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MEVEye
· 7h ago
The European session this time really needs to be steady; don't get caught by false breakouts and get chopped up.
Entering long at 4490 is still quite stable; just worried about the volume not following.
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MidnightMEVeater
· 8h ago
It's the old trick of range arbitrage again. The robot has already drained the liquidity long ago. Do you really think 4490 can break out?
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NotAFinancialAdvice
· 8h ago
I'm confident about bottom fishing at 4490, just worried it might be another fake breakout trick.
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AirdropBuffet
· 8h ago
Whether to enter long at 4490 depends on the volume; there's a high probability of a false move.
#比特币与黄金战争 12.26 European Market Outlook Sharing
During this time period in the European market, we should focus on range trading and avoid being too aggressive. Small long positions can be tried near support levels, and light positions can be taken to explore short positions near resistance levels. Place stop-loss just outside the range to prevent false breakouts from trapping us.
If the price effectively breaks above the upper boundary with increased volume, then it’s time to add to long positions, targeting previous highs; conversely, if it breaks below the support, a quick reversal to short positions is necessary. The key support levels below are the last line of defense.
Specifically, go long at 4490, place stop-loss at 4470, and target 4550.
Risk Reminder: Trading involves risks; decisions should be made cautiously.