In the morning, Bitcoin had a large volume of sell orders hanging between 74,700-74,900. Ethereum was at 2,042-2,050. We played a few small positions in the live room. The ideal short entry points were these two ranges.



The volatility was too weak, so we took range profits. As a result, the price levels all hit.

Gold range at 5,080-5,090 took longs, reached the upper Bollinger Band, and it's all hit now.

With such weak volatility today, many people aren't adapting to it. We've rallied over 1,000 points from 65,000-76,000. People forgot that during the previous period, we had sharp rallies and sharp drops, either consolidation or range-bound movement with no long buyers following or shorts at highs. When taking long positions, you must be prepared for sudden washouts and liquidations.
BTC0.37%
ETH0.36%
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