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On the evening of May 24, the strategy for China, the Gate fan chat room has been established. Brothers who often suffer losses and get liquidated, follow me and enter the chat room for communication. I provide strategies every day to help brothers profit, making consistent gains by buying low and selling high around the provided strategy points. The initial position should never exceed 5% of your total position, otherwise, the leverage will be too high, and suddenly experiencing a big pump or big dump will be unbearable. Always leave yourself a chance to do margin replenishment to bail in and average down.


BTC long position strategy for the evening of May 24
Entry position: 107200-107700 (total Position about 2%) leverage 100X-125X
Stop Position: 109000-110000 (Profit at your discretion)
Defense Position: 106000
( falls below the support level to see the strength of the rebound. If the rebound can close above the support level within one or two minutes, then do Margin Replenishment and continue to hold. If it falls below and then rebounds but fails to maintain the support level, then directly close the position. This is because a big dump has a chain reaction; the drop at that time may be a false breakdown and not a real breakdown.

BTC short position strategy for the evening of May 24
Entry position: 110000-110500 (total position around 2%) leverage 100X-125X
Stop Loss Position: 109000-108000 (Profit to be managed by yourself)
Defense Position: 112000
) broke through the defense level, we need to see if it can stabilize at the defense level. The previous pump may have been to sweep stop losses or to raise the price for selling. After the breakout, we need to look for a retest. If each wave is higher than the previous one, it is almost certain to be a stable breakout, and at that time, you can close your position.
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