Bitcoin rises, it falls alone

Bitcoin falls, it falls even harder

This is the best state

Initial profit-taking

Now buying pressure is weak

Continuous decreasing volume and falling will continue

I currently have only these two positions

Shorting EOS strategy

1. The Bitcoin exchange rate has reached a resistance level

2. The price is close to its own extreme resistance level of 1 USD

3. Spot + futures trading volume increased by over 30%, and the price remains fluctuating with a slight decline, which indicates increased selling.

I shorted at the peak with low leverage, so I decided to hold a long-term short position, even if there is a secondary rebound, I remain steadfast.

Of course, one can also take ultra-short positions, such as high leverage positions in 15 minutes or 1 hour for quick entries and exits, which requires extreme precision on entry points.

Therefore, before opening a position, you need to think clearly about the strategy

Short frequency with high leverage, long-term with low leverage

(This is an essential part of the trading system)

Bitcoin's fluctuations in the past two days should not be too large, it’s best to stabilize at 84,000, then wait for the US stock market to open on Monday. If the S&P drops by two points, it will trigger a level one circuit breaker, and the fluctuations will be executed within the range. If you're not confident, you can also hedge with Ethereum.