New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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Your fa
Brothers, good morning. It's been 7 consecutive days of fluctuating markets, are you already feeling it during the daily chart's sideways movement? With only a little space to maneuver back and forth every day, are you already unable to hold back? This market is lacking continuity. Every day, we can only make a little money. Yesterday, I executed four orders, and although each one made some space, with each BTC having about $900 of space and Ether around $45, it's hard to find multiple times of space.
Yesterday, it seems that Erge could no longer hold back and broke through 2600 in the early morning. There hasn't been much change in the intraday market, still operating with the idea of a yin-yang market. Short when it goes up, and short when it goes down. It is worth noting that although there are no major events or data releases today, there will be a Federal Reserve monetary policy summary at 2 AM tomorrow. This could be a point regarding the question of whether to cut interest rates, leading to a market breakout.
Use the strategy of sideways then make money during the day.
Around 108700-800 for short, around 109100 for additional short, first look at the breaking strength at 108100, significant at 107500-107000.
Around 2610, 2585, the second target looks at 2560
If the target level below is not broken, just reverse directly.
The high-level sideways movement is persistent and can break at any time. Brothers, remember to push for stop-loss and take profit these days. If it breaks, following the trend is also a good option.