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Today's observation: a moment of volatility is enjoyable, continuous volatility is always enjoyable..
Today, there are still two news items regarding tariffs.. The Philippines signed a 19% agreement and Japan signed a 15% agreement. It seems that a general increase of around 10% in tariffs is becoming the norm. Tomorrow, there might be more news from Europe..
Looking back at what I ate yesterday, it was quite enjoyable.. First, I made a low long position of 11.65w under the guidance of a big order, catching a large wave.. Yesterday's plan included a high short position near 12W.. Observing at 11.95, I turned around and entered at the pullback at 11.93.. I made 1000 points.. Then at 11.76 (previous low + large contract order), I took a small rebound and ran away with 500 points. I missed a big wave afterwards.. In the evening, I continued to hang at 11.98, and in the morning, I exited at 11.92..
From a technical perspective today..
Short liquidation liquidity cleaned up 120,000 partially, and there is still a part above the small previous high of 121,000.. The hollow area is around 122,000..
After being cleared back and forth like this yesterday, the downside long positions have become more cautious... there isn't much accumulation.
Looking at the order.. The spot order of 116,500 went up after a test yesterday.. It's still there.. The small sell order at 121,000 above is also still there..
There is also a wave of large contracts below 11.76 (the place where the spike reaction occurred yesterday).
Finally, today's thought...
The high point is still a bit below 12.1W.. The small front high + spot resistance level should also be able to test once, around 500-1000 points.. Breakout and run away..
It will be relatively difficult to go low... It depends on whether it's aggressive or not...
The radical should be between 11.8 and 11.76w. Here is the breaker block + previous low + large contract order.. If it breaks 11.74, then run..
Above 11.65, there is a position for large spot orders, which can also be considered.. Observe the order hanging situation around this area (you can go to coinglass), if the large order is eaten up and the price hasn't gone back up, just run..
Next is the long-term order position in the range of 500 points around 11.55.
Which of the three long positions to take depends on the market situation and news.