BlackGodBit
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#特朗普马斯克分歧 Thanks to the mutual criticism between Trump and Ma last night, I managed to close my short position that had been stuck for a month!
Although it's true that both of their factors contributed to the decline, from a technical perspective, it's inevitable for Bitcoin to correct. Even without their back-and-forth, I believe the drop is just a matter of time.
Looking at the 4-hour structure, this is clearly a downward channel, with each rebound's high getting lower and each low getting lower as well. This is called a downward expanding pattern. Recently, whether it’s ETFs or otherwise, I noticed that there has been outflow. Just yesterday, BlackRock added over 2,700 units, but funds have been in an outflow state for the past week. I firmly believe that 110,000 is a double top on the weekly chart, and it also needs to adjust downward to expand a triangular pattern.
Regarding the current market situation, I still think that every rebound is an opportunity to short! It’s an opportunity for spot traders to escape. A couple of days ago, I pointed out that funds were in an outflow state and warned everyone to short, and quite a few people mocked me and ridiculed my short position. Honestly, I think it’s unnecessary; holding onto my position is my own business. Whether I lose or make money doesn’t require you to bear the burden for me, and I won’t share a dime with you if I make a profit. Engaging in contracts is inherently a risky investment, with both gains and losses, but as long as position sizes are well controlled, the bears will always profit...
The upcoming strategy can be referenced:
The 15-minute line is currently in the B wave rebound. As long as the B wave rebound does not exceed yesterday's intraday high of 105848, it will continue to fall, forming the C wave decline.
BTC contract strategy: Short around 104000, 10x leverage, 20% position size. Stop-loss at: 107200. First take profit at: 100333. Second take profit at: 97600.
Although it's true that both of their factors contributed to the decline, from a technical perspective, it's inevitable for Bitcoin to correct. Even without their back-and-forth, I believe the drop is just a matter of time.
Looking at the 4-hour structure, this is clearly a downward channel, with each rebound's high getting lower and each low getting lower as well. This is called a downward expanding pattern. Recently, whether it’s ETFs or otherwise, I noticed that there has been outflow. Just yesterday, BlackRock added over 2,700 units, but funds have been in an outflow state for the past week. I firmly believe that 110,000 is a double top on the weekly chart, and it also needs to adjust downward to expand a triangular pattern.
Regarding the current market situation, I still think that every rebound is an opportunity to short! It’s an opportunity for spot traders to escape. A couple of days ago, I pointed out that funds were in an outflow state and warned everyone to short, and quite a few people mocked me and ridiculed my short position. Honestly, I think it’s unnecessary; holding onto my position is my own business. Whether I lose or make money doesn’t require you to bear the burden for me, and I won’t share a dime with you if I make a profit. Engaging in contracts is inherently a risky investment, with both gains and losses, but as long as position sizes are well controlled, the bears will always profit...
The upcoming strategy can be referenced:
The 15-minute line is currently in the B wave rebound. As long as the B wave rebound does not exceed yesterday's intraday high of 105848, it will continue to fall, forming the C wave decline.
BTC contract strategy: Short around 104000, 10x leverage, 20% position size. Stop-loss at: 107200. First take profit at: 100333. Second take profit at: 97600.
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