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After tonight, I do not recommend re-shortening. The most aggressive two days of shorts have passed. After the rebound at the 8 and 12-hour levels, this pullback is basically coming to an end. Pay attention if you like short positions. Many people think this pullback will go to 80,000 and 76,000, I don't think it will adjust that low, at least not currently. The current prediction is that it will stop at most at 88,000-87,000. Because the daily candlestick is still far from the zero axis, it cannot be determined whether there will be an upgraded adjustment. At the very least, it will not easily and directly fall below 90,000.
If the indicators below 4 hours are repaired and strengthened, the potential adjustment of the higher-level indicators of the daily candlestick will be stifled. If the 8-hour and 12-hour MACD returns to zero tonight and tomorrow, it is easy to change in market trend upwards. So the current focus is still to go long on dips. If the average price is high, take profit, and when the pullback levels off, find opportunities to go up.
Dipping long is the main axis for a long time in the future. In 90% of the time, there are opportunities for both long and short every day, and the opportunities vary in size. When long is weak and short is strong, shorting is the main strategy, and long is the secondary strategy; when long is strong and short is weak, going long is the main strategy, and shorting is the secondary strategy.
Actually, all I need to do is provide the resistance level and support for the day, whether to go long or short, and whether to take both sides. Everyone can make their own decisions, and it cannot be dictated by me whether to go long or short every day. Because for a period of time, there were opportunities for both long and short positions every day, and many people couldn't distinguish the primary and the secondary. When the meal is served, it's up to you what tools to use and how much to eat. For example, last night I mentioned that there was support near 91600 and the resistance was between 92600 and 93000. This includes two short-term money-making opportunities: 1. Short at 92600-93000 and take profit at 91600, as well as the next support point at 90850 (because it's in a pullback process, constantly probing new lows, 91600 has been reached, and to take profit for the short order, it should be included in the next support point). No need to defend, because the adjustment is not over yet, and if the high point after the rebound is not stable, it will come down again; 2. Enter a long position at 91600, take profit conservatively at 92600, and defend at 90600.
And on Monday morning, the highest take-profit point for the long order is set at 98950, because 99000 is a resistance level, and it can also be shorted briefly, shorting at a high level can easily turn into a medium term short order.
After practicing for a long time, you will become proficient in controlling short-term trades. There are two key points to consider in trading: 1. Entry and exit points; 2. Ups and downs.
"Low long" means going long after a pullback, which already includes opportunities for shorting. I can't go all in on long positions. I don't mention shorting from the perspective of the overall situation. In fact, I sometimes short near the profit-taking point of long positions every day to hedge against occasional market fluctuations in the middle of the night and to offset the losses from holding positions. However, I can't say this publicly, so as not to disturb the majority. The current major trend is a pump, and the pullback is only temporary. The overall direction is still long, but occasionally in the short term, I need to use short positions to earn some profits. Because when going downhill, stepping on the accelerator will only go lower, not higher. When the market reaches a buffer zone and flattens out, it will be more stable to go long here. Similarly, Hardcore Bear should not be done. Shorting in a bull market is more of a short-term response when reaching a high point in a stage."