The day before yesterday, I mentioned again that BTC would experience a dual slaughter of longs and shorts, with the focus shifting downwards, and support around 101000. Today, it hit a low of 100789, and all my altcoin short positions were cleared when BTC dropped to around 101300, basically clearing around the previously expected low of 101000.
Originally, I was planning to wait for an even lower position to close my short positions, but after the news of the US bombing Iran came out this morning, the market showed signs of stabilization instead of dropping, possibly due to expectations for upcoming negotiations. Plans can't keep up with changes, so I closed my short positions early. Trading requires flexibility and adaptability, but when the market rebounded here, I did not go long again because my long positions are actually set at lower levels, and I am waiting. If it rebounds directly from here, I will continue to short altcoins at higher levels, because for recent long positions, unless the entry point is particularly good, there isn't much room to profit even if I enter. Overall, I still see a downward fluctuation.
My real account continues to slowly reach new highs; any major market fluctuations do not affect my steady upward movement. Every week, I am moving towards my goal.
Chat with me at 清水的小天地, sometimes I share my views here.
