In this market, there is a lot of chaotic news and the market situation is unpredictable.

CN
1 year ago

In this market, there is a lot of chaotic news and the market is unpredictable…

It's better to stay safe with spot trading!

The year 2024 is destined to be a more turbulent bull market than 2023.

No matter what price you buy spot assets at, you can make a profit, whether it's a lot or a little.

But if you trade futures, the bull market probably won't concern you much.

"The bull market is prone to sharp declines." Managing desires and controlling leverage are crucial.

Yesterday, a poll was conducted to see if the ETF could be successfully approved on the 10th.

Some people say, what's the use of such a poll…

Of course, it's not very useful since no one had advance knowledge of the news, and it's the SEC…

But the results of the poll can also give a rough idea of the market sentiment.

Actually, I'm asking, what is the size of your current position?

Clearly, there is quite a divergence.

This data is also useful for adjusting positions.

Half spot position, can add to the position on pullbacks, chase the breakout on the rise, defensive strategy.

As for other things, let's wait for the news to be confirmed, I heard it will be announced in the afternoon…

But from the 10th to the 15th, there will be a series of ETF review periods.

This week is destined to be extraordinary 😉

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