BTC Tomorrow's Trading Strategy

This morning, the closing price of Bitcoin fell by 1.27%. The market has made some adjustments, but the extent is very small. Currently, the 6-hour line structure has formed, and today is the second day. There are still 4 days left, so we will see how the adjustments go in these 4 days before deciding how to operate. For now, just maintain the original position.

Xu Xiaoming's Discussion on the Timeliness, Geography, and Harmony of Trading

Geography refers to space. Although time is the most important factor, in trading, the calculation of profits and losses relies on space. In the past, most people lost money in the stock market primarily because their entry positions were incorrect. Many entered the stock market in the late stages of a bull market, when everyone around them was making money, and when everyone was talking about the stock market, they felt they could do it too.

One month before the stock market crash, the number of new accounts hit a historical high. Data from the Central Clearing and Settlement Company shows that over 4 million people rushed into the stock market, and then the crash occurred. When these people criticize the stock market, they actually overlook the issue of space. The issue of space is closely related to human nature; people prefer to buy on the rise rather than on the fall. This is not just the stock market; it applies to everything—people like to buy on the rise rather than on the fall. This human nature results in entering at too high a position, leading to losses in geography.