If the analysis in the morning falls as scheduled, then the stop loss for the short order has already been reached. BTC has currently retraced to the key support of 86500. If there are no further signs of breaking down from here, the probability of a rebound from this point is quite high.
What to do from this position? Continuing to go long is an option. If you don't want to close your position, you can consider averaging down to reduce costs— the scale of the averaging down can be set to about twice the initial position, so that even if there is subsequent volatility, you can break even faster while reducing psychological pressure.
The key is still to see if there is a second downward target subsequently. If not, this support at 86500 has the chance to support a rebound.
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WhaleStalker
· 23h ago
86500 is indeed a critical hurdle; if it can't be broken, we'll have to look at the Rebound. It feels like we're about to start the cycle again.
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WhaleInTraining
· 23h ago
If we can hold above this hurdle of 86500, we have a chance.
Margin Replenishment doubling? This move is a bit ruthless, my friend. I've seen people replenish out of anger, but I'm afraid there might be a second blow coming.
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ChainMemeDealer
· 23h ago
Is this level really that tough? Just speaking from the heart.
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SolidityNewbie
· 23h ago
If 86500 can hold, a rebound is guaranteed.
Margin Replenishment twice? Dude, your mindset for pressure management is quite thorough.
If the second fall doesn't come, just enter a position with long positions.
Another "key support", can it really hold this time?
Replenishing in batches sounds nice, just afraid that the more we replenish, the deeper it goes.
If the analysis in the morning falls as scheduled, then the stop loss for the short order has already been reached. BTC has currently retraced to the key support of 86500. If there are no further signs of breaking down from here, the probability of a rebound from this point is quite high.
What to do from this position? Continuing to go long is an option. If you don't want to close your position, you can consider averaging down to reduce costs— the scale of the averaging down can be set to about twice the initial position, so that even if there is subsequent volatility, you can break even faster while reducing psychological pressure.
The key is still to see if there is a second downward target subsequently. If not, this support at 86500 has the chance to support a rebound.