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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Evening opening strategy on June 2nd, the Gate fan communication room has been established. Brothers who often incur losses and get liquidated and don't know how to operate, follow me. I provide daily opening strategies to help brothers profit. ( When opening a position, never exceed 5% of your total capital; otherwise, if the leverage is high, a sudden big pump or big dump will be unbearable. Always leave yourself an opportunity for margin replenishment to bail-in and average down. ) (The following strategies are just suggestions; please adjust them flexibly.)
BTC long position strategy on June 2 evening ( open a position based on your own risk tolerance )
Enter a Position: 102800-103400 (about 2% of total funds) leverage 100X-125X
Take profit level: 104300-105000 (take profit when there's gain, don't be greedy)
Support Level: 101800
( falls below the defense level to observe the rebound strength. If the rebound can close back above the defense level within one or two minutes, then proceed with margin replenishment and continue holding. If it falls below and the rebound can't maintain the defense level, then close the position directly. A market crash has a chain reaction; the initial drop may be a false breakout and not a real breakdown.
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BTC short position strategy on the evening of June 2 based on personal risk tolerance Enter a Position (
Enter a Position: 105500-106000 (total funds about 2%) leverage 100X-125X
Take Profit Level: 104500-103500 (Take the profit, don't be greedy)
Defensive level: 107000
) has broken through the defense level, we need to see if it can hold the defense level. The previous pump may have been to clear stop losses or to pump up for selling. After the breakthrough, we need to watch for a pullback. If the pullback makes higher highs, it is almost certain to be a stable breakthrough, and at that point, you can close your position and exit (.
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