Currently, the BTC trend is in a high-level sideways adjustment phase, and the probability of a downward plummet is very high. Today, I would like to share with you a very useful method: position management + trailing stop loss. This is a method I have been using for a long time and it is very effective. The specific operation is as follows.

First, when you open a position, you must choose a resistance level to short, and avoid other positions, as these positions have a win rate of up to 80%. Taking BTC as an example, if you plan to use 3% of your total position for trading, for instance, if you plan to short, you should choose to open the short near the resistance level of 95500. Do not set a stop loss immediately, as it is very likely to break through the resistance level; of course, this feeling is quite low. If it does not succeed in breaking through, you can directly take profit. If BTC breaks through the resistance of 95500, then you choose to add another position at the next resistance level of 96200, making your average price 95850. Once BTC reaches the resistance level of 96200, it will definitely pull back. As long as the pullback drops below 95850, you should take half of your profit. Your position is still 3%, but your average price has reached 95850. This way, if it fails at the resistance level of 96200, you can take all the downward profit without missing the opportunity. Every time there is a decline, you need to adjust your stop loss level. At the beginning, the stop loss level is at the resistance level, and once you have made a profit, set the breakeven loss just below the opening price. This way, you will not lose. As it continues to decline, set the take profit and stop loss levels, and you will earn no matter what you do.
Warm reminder: Be sure to add to your position near the resistance level, as it is most likely to pull back near the resistance level. Of course, you must also set a stop loss to avoid encountering extreme market conditions, where it could suddenly surge several thousand dollars.