Many people ask me what the secret to trading is. In fact, it’s very simple: go with the trend. Trade according to the trend; following the trend is key. It’s not about guessing or relying on intuition. Since Monday, I have been laying out short positions and currently I am on a winning streak; this is the trend. I clearly indicated this in the morning, continuing to look down, but many people always think that since it has already dropped so much, will it drop further? They have already been educated by the market: fearing wolves in front and tigers behind, they end up not doing well. We are also approaching our take-profit point for the short position, which means another win, comfortably.

The daily chart of Bitcoin shows a bearish structure after closing in the red, a classic bearish trend. It is precisely because I understood this structure that I was able to predict the subsequent trend. It has now broken below the 115,000 threshold, and on the hourly level, it is starting to diverge. Since our short position has been continuously profitable, we will definitely continue to look down, aiming for total profit. At this time, the mindset becomes very relaxed, but it’s still important to remember to maintain good defense.

Short Bitcoin at 115,500, watch 114,000

Short Ethereum at 4,250, watch 4,150