Hello everyone, I am Brother Panda, and what I’m saying today is quite important.
Please watch patiently as it concerns your own interests.
The previous position for shorting was fine; at that time, I said it could reach 88,000.
At present, it seems this is a preparation to shake out some shorts before the decline; currently, it cannot rise further.
You can just go in with a short position; I did the same. To be honest, I was still quite surprised that it turned out this way.
Is the power of the shorts really that strong this time? You release good news, and it only rises this little? Such good news can still be suppressed by the main slope.
The central area is the oscillation box, and the gap is the cost of the main force pulling the market. In simple terms, the gap represents the main institution. Currently, the position is being pressed down by the daily level main slope, and it is accompanied by a gap. You can understand the gap as the cost price of the institution; it's not the total cost but the cost at the time of pulling the market. This range is where the institution bought in. Now, once the institution has bought, will they not sell? Gaps need to be filled, meaning institutions also need to realize profits. These gaps will eventually be filled, so whether you are bullish or bearish, I believe this rise is meant to eliminate the shorts. Once the shorts are gone, it will continue to fall. It's a cycle of harvesting, but don’t be afraid, just hold on. I don't believe it can reach 120,000, as that goes against the logic of the institution's trading. I don't particularly like shorting; I'm not a short seller. I do what makes money, but who dares to go long in this market? That would purely be like being a lamb to the slaughter. Entering the market with spot and long positions at this level has a high probability of getting trapped at the peak, and then as the market falls, the more it drops, the more anxious you become. In the end, if you can't hold on any longer, you end up selling at the bottom. You can miss trading opportunities, but you cannot go against trading logic. What we have the least of are trading opportunities. If you miss out, at least your capital is still in your hands; if you get trapped, well, think for yourself...
