Can we still go long when the price of BTC is above 90,000?

From a short-term perspective, it is still possible, but be careful not to chase the rise.

The correct operation method is to wait for the price to fall back after each rebound before entering the market to go long, and then stop profit at the next rebound.

You should know that the higher the price, the greater the risk, and the cost of opening a long position above 90,000 is quite high.

At present, the highest point of BTC has only reached around 93,300, and in the 4-hour level adjustment, there is a floating space of about 5,000 points.

Therefore, if the average opening price is above 90,000, it is a high-risk position, and the relatively safe average opening price is temporarily maintained between 88,000 and 85,000.

Only when the BTC price rises to above 96,000 again and there is no sign of turning at the daily level, the opening cost of 90,000 is relatively safe.

It doesn’t mean that you can’t trade at all if the price is too high. There are basically no retail investors who will buy BTC spot of more than 90,000. Only Heyue can trade at this price.

The focus of Heyue trading is not on the high or low price, but on the short-term price fluctuation.

The current BTC price is close to the stage target of 100,000. Every transaction needs to be well defended, and you must always be alert to the situation where the price retreats after the upward spike.