🧧👇Yesterday (Monday) we traded a total of 3 contract strategies, taking profit on 3 contracts, escaping 0 contracts, and stopping loss on 0 contracts.
The first contract was a Bitcoin long strategy with a cost of 84000~84400 upon waking up to the Asian market. According to the strategy, using 100x leverage, we exited after taking profit on 50% of the position at 85100, earning 110%.
The second contract was a Bitcoin normal limit order in the European market with a cost of 84188. Later, we increased the entry opportunity and range, averaging in the 84188~84500 range. Before the ETF pump, we exited at around 85200 after taking profit on 50% of the position, also earning about 110%.
The third contract involved hedging with a short ETH position while holding a long BTC position, with a cost of around 1670. After using 100x leverage, we took profit on 50% of the position after a 100% profit during the first wave of the ETF opening pullback, exiting at break-even. Later, after the market opened, ETH briefly surged to 1688 before instantly dropping to around 1600. The thought process was correct regarding the entry point, but there will always be some traders going all-in. Strongly suggest adjusting the Ethereum strategy to 50x leverage in the future, no longer using 100x leverage. 👉返佣已发