This week, the Bitcoin market showed a pattern of initial decline followed by a rise. News and capital flow became the key factors driving the market. In the first half of the week, from May 5th to 7th, Bitcoin continued its adjustment after the Labor Day holiday, breaking below the key support level of 95000 on May 5th, reaching a low of 93500, mainly influenced by the uncertainty of the Federal Reserve's policy and profit-taking pressure. Subsequently, the market gradually stabilized, with prices rebounding to the range of 94000-95000 on May 6th. In the second half of the week, from May 8th to 11th, the Federal Reserve announced on May 8th to maintain interest rates, and Powell signaled a wait-and-see approach. Bitcoin ETF funds continued to flow in, driving Bitcoin to quickly break through the psychological barrier of 100000. On May 9th, the price once surged to the line of 104359, and is currently consolidating below 105000, entering a technical adjustment phase.
Xiao Ge's trading performance this week achieved substantial profits through accurate market judgment and a steady trading style. In Bitcoin trading, Xiao Ge made a total of 12 trades, with 10 long positions and 2 short positions, accumulating a profit of 17850 points. Ethereum also performed impressively, with all 5 long positions hitting, accumulating a profit of 618 points, fully demonstrating Xiao Ge's precise control over market rhythm and strict risk management capabilities.
When the market plunges and then surges like a roller coaster, some see thrilling candlesticks, but Xiao Ge sees a hunting ground filled with gold. What you think is bottom fishing is actually a bottomless pit—many people tremble at the support level of 93000 and dare not enter, yet they frantically chase high after Bitcoin breaks 100000, ultimately becoming part of the 80% of short positions that get liquidated. Xiao Ge proved with a profit of 17850 points: the market specializes in treating various disobedience, but it cannot cure hunters who strictly enforce trading discipline. Watching the shrinking margin in the account, consider this set of data: on the day Bitcoin broke 100000, the entire network saw liquidations of 968 million, equivalent to 6.73 million dollars vanishing every minute, while Xiao Ge's long positions were enjoying hot pot and singing, having already positioned himself at the ETF fund entrance before Powell signaled a wait-and-see approach. The market never lacks volatility; what it lacks is the clear awareness to lock FOMO in the cage of risk control—after all, when altcoins start to dance wildly, the real winners have long loaded their bullets before the U-shaped reversal.