btc

First, let's talk about yesterday's operations. Yesterday, btc generally moved within my expectations, forming an M-top in 15 minutes (for details, see my analysis of btc last night). Image 1 shows my operations from last night. Personally, I feel that adding positions at entry was not a big issue, and the stop loss was set well. However, I think the exit was not ideal; at that time, I was quite conflicted and felt that btc was dropping too sluggishly, so I exited the added position. I also exited xrp at that time. But in hindsight, a pullback here is quite normal (I only shorted a bit of xrp), which should have been due to my poor state at that time.

Now, let's discuss the market trend. Personally, I estimate that btc's temporary bottom should be appearing soon. One possibility is that we are currently at a temporary bottom, and another is near the horizontal line in Image 3 (I tend to lean towards the line). Why do I say a temporary bottom? Because if the subsequent trend is a bull market, then we are really close to that point. If it trends bearish (i.e., a daily level decline), then we observe that the daily K-line lacks a midpoint (which confirms the turning point of the daily decline). This means that regardless of whether the market rises or falls significantly later, this rebound needs to happen (unless there is some explosive news that makes the market irrational), so short positions should gradually take profit.

For specific operations, see my live trading. #BTC走势分析