While others are liquidating, we are recovering.

U.S. stocks opened sharply lower 📉📉 The Dow Jones has dropped below 19,000
Bitcoin has successfully broken through the 89,000 support level 📉📉📉 Short positions have taken profits exceeding 10,000 points 🤑🤑
The third wave of short positions at 98,400 has all been closed at 88,000 for profit-taking, and all current short positions have completed profit-taking
Following the sharp decline in U.S. stocks, Bitcoin also fell to the 86,000 level before quickly rebounding to 97,800, rebounding nearly 2,000 points in 15 minutes; this is a standard zigzag downward trend ⚠️
In the slow downward trend, there are continuous quick rebounds, creating an illusion for the bulls, who have become accustomed to buying after a rebound in the previous bull market, that buying will always yield profits, only to see continuous new lows and being trapped in losses, especially for those so-called steady bulls who lost risk awareness during the bull market from October to February
This wave of short positions at 98,400 has all been closed at 88,000, meeting my profit expectations with a profit of 10,000 points 💰
Avoid chasing the tail end of the market; since it has already been stated that it is a zigzag downward trend, there will be rebounds during the decline, so the profit-taking at 88,000 can be said to be very appropriate, almost at the best point for technical trading profit-taking. If you only pursue eating from the head to the tail of the fish, you will lose a lot of returns; this is classic technical profit-taking, very suitable
😎 Wait for the next zigzag rebound, wait to close the short positions at 88,000 for profit-taking, while locking in a profit of 10,000 points
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