I haven't done much market analysis in the past few days because I've been busy. My lack of market observation has led to inaccurate predictions, which has prevented me from entering the market. Without entering the market, I've become even more lazy about observing the market, creating a vicious cycle.
$ETH Bitcoin hit a new low this evening, while Ethereum's low is actually rising, breaking the downward trend line and all the way through 4240. The 23:15 close would have made sense to go long. However, looking at the 4-hour descending channel, I can't see how far ahead my take-profit is, and the profit-loss ratio doesn't support an entry.
$BTC Bitcoin hit 112,000 again this evening, with significant volume retracing back. This is a good place to bet aggressively. Unless there's a significant breakout at this high level, a 1,000-point gain is a sure thing. If you see an opportunity that fits your trading system and don't act on it, you've made a mistake regardless of the outcome.
Also, please note that there haven't been any significant data releases over the past few days, but there is one major market-moving event: Powell's speech at 10 PM Beijing time on Friday.
I'll resume updating at least once a day. If I want to improve, I still have to set some strict standards for myself.