Contract trading is nothing more than two directions, and the first consideration for long and short entry decisions is the overall direction. Following the major trend and taking a reverse position will never be wrong! There are several points to the trading mechanism: do not operate frequently; do not hold positions in two different currencies in the same direction at the same time; the initial position should not exceed 5%, with 1-2 times the opportunity for additional positions reserved; additional positions should not be too close, and adding positions at support and resistance levels will never be wrong. Stop loss is a must for the second break; learn to wait for opportunities, only those who are patient can find the most suitable entry points, it's better to miss out than to make mistakes; after exiting, learn to review, identify the problems and strengths of the trades; make good use of distributed position building, reducing positions, adding positions, and taking profits; review technical indicators on the market, look for signals of rebound and retracement; constantly improve and maintain good trading habits, stay humble and cautious, steady and solid, in order to achieve long-term profits in the industry! Li Hui will continue to uphold professional knowledge, meticulous analysis, unique position building techniques, and remain calm in the face of danger to assist every coin trader in successfully gaining valuable wealth, and continuously realize their own value in the coin circle! Wishing everyone to achieve financial freedom in 2024! Keep it up!
Bitcoin market analysis and trading recommendations on July 4th:
Yesterday's short position recommendation for Bitcoin suggested opening a short position at 62000-62300, and perfectly gained 1400 points of profit; so it can be boldly opened for short positions as there is not much room for a high-level golden cross, and partial profit has been realized.

Continue to pay attention to the daily EMA200 and the retracement straight-line support position for full profit-taking; it is also necessary to open or add positions at this level for long positions!

It is recommended to cautiously open a light long position at the current daily retracement straight-line support level of 59750-59550, with 2% of the position, and reserve a bottoming position at 58100-58300 for 4% additional positions, with a stop loss at 57800; take profit at 60500-61100;
The main short position for the retracement is also in the EMA150 range (61200-61400); the target for the short position is still focused on the daily EMA200 position, and can continue to hold after breaking through!
Article reviews have delays, and the market changes in an instant, so please set your stop loss and take profit, and take profits when the opportunity arises! For more real-time trades, you can follow my public account to obtain them, and you can also learn about technical analysis of the market and how to get out of a predicament!
I, Li Hui, interpret world economic news, analyze the global trend of the coin circle, and have in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other currencies while studying in the United States. For those who do not know how to operate, you are welcome to comment and leave a message!
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This article is exclusively published by (Public Account: Zhang Lihui) and does not represent any official position. The release and review of the article have a time delay, and the above positions are for reference only, and the risk is at your own discretion! May we always carry humility and courage in this complex and complicated coin circle, fear no challenges, and dare to explore. Just as the road is long, "the road ahead is long and far-reaching, I will seek and explore." May we read thousands of books, keep pace with the times, and draw wisdom from the fountain. Travel thousands of miles, experience storms, witness the scenery, and comprehend life. May you, under the guidance of Li Hui, listen attentively, play to your strengths, and create value together. May we always remember the baptism of the market, not forget our original intentions, and thus achieve lasting success. In the wave of digital currency, holding firm to our beliefs, forging ahead with determination, may we jointly compose a brilliant future and share the joy of success. Let us gather in the turbulent world of digital currency, make the most of our time, and create brilliance together. Li Hui is willing to embark on this challenging and opportunistic investment journey with you.
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