I am following your copy trading. Your trades and analysis are excellent, but you always take trades with small amounts. Why is that?
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In the past two days, BTC has been experiencing a nearly uninterrupted upward trend along with other mainstream coins, and the retracement has been particularly small, making it hard to find a good entry opportunity. However, from the current perspective, on one hand, the trading volume yesterday was not large, and it seemed more like some whales were steadily accumulating positions. Given the significant uncertainty at present, I expect that the main players are not yet decisive enough to enter the market recklessly, so the current price may have some suspicious inducement to rise. On the other hand, there is significant pressure around 85000, and a brief fluctuation between 85000 and 86000 is unavoidable. I foolishly couldn't resist opening a small short position around 83000, so I decided to take advantage of this to start a small position short here, with the psychological expectation of adding another position around 86000 and 88000 when the pullback comes.
Of course, if you manage to catch a good rhythm, I still recommend not shorting at this stage and instead buying on dips, even if buying at a slightly higher price. I believe under the current medium to long-term trend, the price is appropriate; the key is to not have too large a position and to always be alert to sudden market news, having sufficient backup to add long positions. Personally, I quite like this kind of market, as there is short-term certainty and a large margin for error; as long as you don't panic and operate blindly, making a daily profit of 1% or 2% is still quite easy.
Once again, I declare that the above content does not constitute any investment advice and is only meant for sharing and discussion. I wish everyone can enjoy the process and make money.
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