言胜财经
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Bearish
On April 16, 2023, Reminder for Long Positions❗️❗️Don't blindly chase long positions❗️❗️
After breaking the previous high of 86100 last night, many people probably got caught in long positions again, as many posts in the forum were shouting 'chase long after breaking 86100'. If your market is consistently low, chasing long positions is not a problem. However, if your market is high and you still chase long, that is indeed rushed.
Currently, after a drop of 3400 points in Bitcoin, it has started to rebound. For those who like to watch golden crosses and MACD, are you going to chase long again? Or have you already chased long? Then you will find that you got caught again and post something, cursing the market makers! I buy when it goes up and you sell when it goes down!
The small level rebound currently seen, just treat it as a rebound. There aren't many points to catch on a rebound, so why bother? Just looking at the current trend, aiming for an additional 1000 or 2000 points is just wishful thinking. Even if it rebounds 1000 or 2000 points without a spike, it least needs to form a bottom pattern, right? I hope this lengthy discussion helps you avoid pitfalls.
Get some rest, brothers. If you want to chase short positions, check out my last post.
After breaking the previous high of 86100 last night, many people probably got caught in long positions again, as many posts in the forum were shouting 'chase long after breaking 86100'. If your market is consistently low, chasing long positions is not a problem. However, if your market is high and you still chase long, that is indeed rushed.
Currently, after a drop of 3400 points in Bitcoin, it has started to rebound. For those who like to watch golden crosses and MACD, are you going to chase long again? Or have you already chased long? Then you will find that you got caught again and post something, cursing the market makers! I buy when it goes up and you sell when it goes down!
The small level rebound currently seen, just treat it as a rebound. There aren't many points to catch on a rebound, so why bother? Just looking at the current trend, aiming for an additional 1000 or 2000 points is just wishful thinking. Even if it rebounds 1000 or 2000 points without a spike, it least needs to form a bottom pattern, right? I hope this lengthy discussion helps you avoid pitfalls.
Get some rest, brothers. If you want to chase short positions, check out my last post.
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