Midday Review and Analysis:

Last night, I laid out 2 Bitcoin at 4360, and 1 Bitcoin at 121884 heading south, perfectly hitting the target. To be honest, the drop was a bit beyond expectations, really giving no room for the bulls. Last night, anyone who used leverage basically faced total loss. At this moment, the benefits of having stop-loss orders and the drawbacks of holding positions are evident. Developing good habits is more important than how much you earn!
In a bullish market, it's okay to have larger positions, but it's best to execute trades with a 75% win rate for more stability. A counter-trend position is considered a left-side trade, and remember to open only half of the normal position size to avoid offsetting profits when taking both long and short positions. Although we hit a stop loss on the long position last night, the profits from the short position were quite considerable. I want to emphasize that after a stop loss, do not make any trades; remember to cancel any orders that exceed their time limit. Only by acting like a machine without emotions can you survive in this market. Technical skills can be learned anywhere, but in terms of absolute news, it’s all given for free. Therefore, having a sense of risk awareness, establishing your own capital barriers, and controlling human nature are the core reasons why traders can differentiate themselves. Let’s keep it simple for today!
The weekend saw basically no fluctuations in the market, and it is expected to experience a week or so of oscillating recovery. Currently, from the market perspective, it has not touched the bull-bear dividing line, so everyone can rest assured that the bull is still there. Last night, Bitcoin surged to around 122455 and then violently dropped to 101668, followed by a quick recovery, closing the daily line around 112700. There is still downward space on the daily line, and a second bottom test is expected. For the hourly level of Bitcoin, pay attention to the support at 109323, and the resistance at 114227. It is recommended that everyone take a good rest over the weekend, and the trading strategy should focus on shorting at highs around 113123, with a one-time defense. The altcoin is a blessing for the bears, and the overall decline has allowed the bears to celebrate. The daily line closed at around 3821, and for the hourly level of the altcoin, pay attention to the resistance at 3878 and the support at 3680. It is recommended to primarily short at highs around 3845, with a one-time defense.
Let's talk about the details of how to predict trends and manage risks in a way that everyone can understand, sharing practical insights. If you like the style, please follow, and I hope to be the guiding light on your path of growth, illuminating your way forward! #GateFunMeme创作大赛来袭 #BTC走势分析 #ETH走势分析 #十月加密市场预测 #金融干货