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In the digital money market, investors often face multiple falls in the market. If they miss a good opportunity during the first wave of decline, the second wave of falling may provide investors with a new get on board opportunity. An effective strategy is to use the magnitude of the first round of decline to estimate the possible take profit position for the second round.
Typically, the magnitude of the second wave of fall is similar to that of the first wave, but this is not an absolute rule; rather, it is a common market trend. It is worth noting that this method is usually regarded as a preliminary take profit point, rather than a final profit exit point. This is because the AB=CD exit strategy belongs to the active closing type, and its core idea is to proactively take profit when the earnings reach expectations.
However, considering that the downtrend may not be completely over, the AB=CD strategy is often viewed as the first take profit point, rather than the final profit position. This flexible approach allows investors to remain engaged while the market continues to fall, while also preparing for a potential rebound.
In the current market environment, the trend of Bitcoin (BTC) is particularly worthy of attention. At the same time, Ethereum (ETH) has broken through the key resistance level of $3700, demonstrating strong upward momentum and injecting new vitality into the entire cryptocurrency market.
For investors intending to participate in futures trading, closely monitoring the trend of BTCUSDT is crucial. This not only helps grasp the pulse of the market but also provides important references for formulating more precise trading strategies.
Overall, understanding and applying these trading strategies in the Digital Money market can help investors better cope with market fluctuations and improve investment efficiency. However, it is also important to remember that the Digital Money market carries high risks, and investors should make cautious decisions based on a thorough understanding of the risks.