BlackGodBit
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Bearish
The popularity of this week's live broadcast is increasing. Let's continue to stick with the brothers every day to watch the market and find trading opportunities!
This week, we experienced several big market movements during the live broadcast. Recently, the market has been fluctuating, with significant volatility occurring after midnight and around 6 AM.
Starting from midnight on the 7th, we shorted MASK at 3.6 and took profits in three stages at 3.1, 2.5, and 2.2, achieving about a 40% drop... Starting from midnight on the 8th, we shorted LA at 1.1 and took profits at 1, earning a 10% drop!
On the 9th, we shorted MASK at 1.81. After we entered, it started to decline until it dropped about 10% with a sharp spike, but it hasn't reached our profit target of 1.52 yet. We can hold on, using the entry point of 1.81 as the stop-loss. The reason I am confident it can drop to 1.5 is that since the main players have exited, all current rebounds are merely retail investors trapped at high positions trying to average down. Since the big players have withdrawn, I believe there's no need to struggle anymore. After all, it took a lot of effort to trap retail investors at high positions; how could they quickly pull back to release everyone? The fastest scenario would involve several months of consolidation, during which retail investors can't hold on and have to cut losses, throwing their chips to the main players. Only after the main players have absorbed enough chips will they drive the price up. Therefore, for those wanting to catch the bottom, I really advise against touching it. It’s better to short during every small rebound; the probability of a drop is much higher than a rise. That's why I think it's worth the risk, and I will recommend everyone to short it with a small position during the live broadcast!
We shorted ETH at 2525, aiming for a short-term gain of 1%, so we set a profit target for the short at 2500, which has now been achieved. Currently, ETH is fluctuating within the range of 2475 to 2550. If you want to trade, you can operate with high shorts and low longs within this range...
This week, we experienced several big market movements during the live broadcast. Recently, the market has been fluctuating, with significant volatility occurring after midnight and around 6 AM.
Starting from midnight on the 7th, we shorted MASK at 3.6 and took profits in three stages at 3.1, 2.5, and 2.2, achieving about a 40% drop... Starting from midnight on the 8th, we shorted LA at 1.1 and took profits at 1, earning a 10% drop!
On the 9th, we shorted MASK at 1.81. After we entered, it started to decline until it dropped about 10% with a sharp spike, but it hasn't reached our profit target of 1.52 yet. We can hold on, using the entry point of 1.81 as the stop-loss. The reason I am confident it can drop to 1.5 is that since the main players have exited, all current rebounds are merely retail investors trapped at high positions trying to average down. Since the big players have withdrawn, I believe there's no need to struggle anymore. After all, it took a lot of effort to trap retail investors at high positions; how could they quickly pull back to release everyone? The fastest scenario would involve several months of consolidation, during which retail investors can't hold on and have to cut losses, throwing their chips to the main players. Only after the main players have absorbed enough chips will they drive the price up. Therefore, for those wanting to catch the bottom, I really advise against touching it. It’s better to short during every small rebound; the probability of a drop is much higher than a rise. That's why I think it's worth the risk, and I will recommend everyone to short it with a small position during the live broadcast!
We shorted ETH at 2525, aiming for a short-term gain of 1%, so we set a profit target for the short at 2500, which has now been achieved. Currently, ETH is fluctuating within the range of 2475 to 2550. If you want to trade, you can operate with high shorts and low longs within this range...
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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