#加密市场回调 Yesterday's Trading Review

Yesterday, I took profit on part of my position when the Ethereum price reached around 4220 and formed a small double top pattern, while keeping a small base position to hold on.

At night, I attempted to capture a small double bottom pattern. After entering the position, I set the stop-loss at 4111, but unfortunately, it hit the stop-loss, resulting in a breakeven exit. Although this short-term trade gave back some profits, the overall performance is still acceptable. In hindsight, a more reasonable stop-loss would have been set near the isolated low point around 4045.

This morning, I missed another entry opportunity due to not being able to follow up on the market in time. Later, I plan to analyze the market liquidity situation, paying special attention to the liquidity area around 4032.

Trading strategies for liquidity zones

The so-called liquidity zone refers to the situation where, after a rapid price spike, the price quickly rebounds, making it possible to consider entering against the trend. This is commonly referred to as the strategy of entering the market in the opposite direction after other traders' stop-loss points are triggered.

Bitcoin Market Analysis

Regarding Bitcoin, there are concentrated liquidity zones at the upper level of 116,000 and the lower level of 112,000. In the absence of a clear direction, the market is likely to oscillate and consolidate within this range, consuming this liquidity, and then waiting for a potential significant market change on the 30th.

Currently, there are no positions in the contract account, and the previous trades participating in the breakout of the converging triangle have also taken profit, achieving a 1:1 profit ratio.

Spot Investment Portfolio

In the spot market, I purchased some Bluai based on on-chain data analysis. The logic is relatively simple, and it can be referenced against on-chain conditions. It is considered a speculative attempt.

BNB has not shown any significant movement yet; TAO has performed well and has increased some positions at the price level of 397; APT has also rebounded to some extent, and the overall investment portfolio is in good condition. TAO has currently formed a small converging triangle pattern and has broken upwards.

Risk management advice

For investors with a lower risk tolerance, it is recommended to take some profits near the previous high of around 470; if you continue to hold, you can reassess the market situation around 580. Whether these target price levels can be reached is still uncertain, but the strategy of taking profits in batches is always correct.