水水Jason

Still the same saying, when the box structure is broken, many people like to short at this time when new highs are reached. My view is exactly the opposite. Currently, the daily chart has broken through the resistance of the range and is above 2800. There are two options: going long or short. The risk of shorting is greater than going long, in my personal opinion.

It is not impossible to break through the box area and establish a new oscillation range. Set the stop-loss for going long just above 2800, as there is more profit to be gained from this gamble. I come to this conclusion because I do not believe that 110,000 is the endpoint; everything is based on this judgment. At this moment, the second contract has broken out of the range, and I prefer to go with the trend. Shorting on the left side, how many shorts at over 2700 have been trapped? How many shorts at the bottom have been trapped?

Many people may be afraid to stand at high points, but you should set a stop-loss, what is there to be afraid of? If it breaks below 2800, just run away. Those who like to hold positions during such a big market move may find themselves going in the opposite direction. Maybe holding can help them break even; maybe it will just lead to a wave of losses. In any case, you must set a stop-loss. If the gamble fails, you can still find opportunities to enter the market again. Holding positions is always a one-way road; how many retail investors can actually hold? What if they can't hold on? $ETH

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