Recently, this wave of $BTC has directly crushed the shorts, and basically all the short positions have been liquidated, with the liquidation amount approaching 1 billion dollars, it's simply a "short massacre" 😂 Now the funding rate has also returned to normal, and market sentiment is not so extreme anymore, temporarily balancing long and short positions.
But be careful! The long positions are already a bit full, and once the price drops to around 100,000 or 98,000, it might be the turn for the longs to get harvested. So now is not the time for you to go all in with excitement; stay steady, don't get reckless!
What should you do specifically? My personal advice is:
1. If you are trading contracts, do not go heavily long now; it's best to use low leverage and build positions in batches;
2. If you are a spot holder, you can reduce some positions at highs and keep some chips for buying on dips;
3. If you haven't entered the market yet, don't rush to chase now; you can wait for a pullback to key support levels, such as around 98,000 or 95,000, and consider entering based on market reactions.
4. Most importantly: set profit-taking and stop-loss orders; don't think about getting rich in one go. The market moves in waves, and don't die in a pullback during a bull market.
At this moment, what matters is not sharp vision, but patience and rhythm.
But be careful! The long positions are already a bit full, and once the price drops to around 100,000 or 98,000, it might be the turn for the longs to get harvested. So now is not the time for you to go all in with excitement; stay steady, don't get reckless!
What should you do specifically? My personal advice is:
1. If you are trading contracts, do not go heavily long now; it's best to use low leverage and build positions in batches;
2. If you are a spot holder, you can reduce some positions at highs and keep some chips for buying on dips;
3. If you haven't entered the market yet, don't rush to chase now; you can wait for a pullback to key support levels, such as around 98,000 or 95,000, and consider entering based on market reactions.
4. Most importantly: set profit-taking and stop-loss orders; don't think about getting rich in one go. The market moves in waves, and don't die in a pullback during a bull market.
At this moment, what matters is not sharp vision, but patience and rhythm.