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We emphasized early in the morning that there is no need to overthink the bull and bear markets in the current situation; the key is to follow the trend. Once the market direction becomes clear, you should act decisively and follow it, rather than fighting against the trend. At that time, we clearly identified the rebound resistance level around 90,000, providing a clear reference for subsequent operations.
Subsequently, the market started testing upwards from around 88,470, gradually climbing to 89,568, resulting in an overall rebound of about 1,098 points. For those who grasped the rhythm early, this wave of rebound also offered considerable profit potential. Whether engaging in short-term long positions or re-entering short positions after the rebound, suitable entry points could be found.
Overall, today’s trend once again verified the effectiveness of trend-following strategies. As long as the direction is judged clearly and the rhythm is well managed, even in a choppy and weak market, one can still seize their own profits.
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#加密市场回调 #GUSD双重收益 #Gate广场创作者新春激励