$BTC
Big Pancake Today's Analysis:
Today is Wednesday, and the overall market trend continues to reach new highs. Last night, the price approached the previous high of 73777, and currently, there isn't much selling pressure. From the current situation, the upward trend does not seem to be over yet. At this time, attention needs to be paid to whether the price will reach 75000 near the previous high, and whether a peak will form during the time period of 16:00 - 20:00 on October 31. Currently, the overall bullish sentiment remains strong, so shorting should be done with extra caution. We are currently in a vacuum period on the daily chart, with the possibility of external forces intervening, so both price and time may form a new set of rules. Until a new set of rules is established, investors should maintain a cautious attitude.
Personal Situation:
I still hold a bullish sentiment, but currently, I only see around 73000 plus or minus 700 points. I have already opened a long position at 72150 this afternoon, expecting to reach around 73000 in the evening to secure a 1% profit without any issues.
Shorting Timing:
I have set up a short position at 73500 as the first target; if it reaches 74400, I will increase my short position (I don't expect it to reach 74400, so the bears need not panic)