Summary for March 2nd
A single day of short and long positions has experienced three consecutive kills, with a space of four thousand points for Bitcoin and over two hundred points for Ethereum! A single short position entered at 2820 targeting 2720, conservatively allowing for a space of 100-150 points. This morning, I publicly indicated to go long first and then short! The range is fully played!
In such a good volatile market, some people still feel it's bad. There could be a couple of reasons: one is that they are trapped, and the other is that they have been liquidated by the market. This position is quite interesting; those who chased high last month were completely liquidated, but those who chased high in this round of rebound and those who shorted at lower levels are now trapped. Currently, there will be consolidation to prey on those trapped on both sides. Good volatility will have nothing to do with them. In the past few rounds, the altcoins have plummeted, but I have been saying for two months that there will be new bottoms for altcoins without pushing them. Several altcoins I criticized a few weeks ago have halved repeatedly. That should have been seen by all.
The market has a lot of hot money, and volatility will only get better. I hope everyone can seize the opportunity as much as possible. #美股财报季来袭 #比特币盘整将持续多久? #btc #eth