Damage, incorrect judgment, admit when wrong, take responsibility for one’s actions and judgments

I anticipate that the unemployment rate and non-farm data at 8:30 will not look good, due to weak ADP data.

To verify my prediction that the market will drop, I opened a short position on Bitcoin.

In spot trading, we don't have shorts; a short is a selling point, and the operation is to reduce positions to avoid losses and profit retracement caused by pullbacks. Avoiding losses and profit retracement is also making money, and many people do not have this awareness.

To see if my prediction is accurate, I will take a very small short position. If my prediction is wrong, I will cut losses and exit.

Entry point is 103948.7, and the order has been placed.
Take profit is set at 102123.4, it doesn’t have to reach this position; if there is profit, you can exit, or you can take profit if Bitcoin drops significantly.
Stop loss is set at 104745.6; always set a stop loss to take responsibility for your mistakes.

Personal analysis is for reference only and does not constitute investment advice. You bear your own risks and profits.

$BTC