Let me talk about my trading logic for building positions in the medium to long term short position of $BTC .
The medium to long term short position of $BTC (daily - weekly level correction) is not complicated. Every time a signal appears from the left side to the right side where positions can start to be built, there will be enough time provided. Here, I will simply share my personal trading logic with everyone.
1. BTC starts to show premium contradiction deviation during a period of rising bullish trend, which means the premium between the whale group and retail group, as well as the premium between spot and futures, shows clear two-level differentiation. [From here, keep an eye on it, but do not start building positions at the left side peak.]
2. BTC daily line first breaks below EMA20, this is the second position building signal. [But here, still maintain patience, start to focus on the K-line topping structure, and prepare to build positions.]
3. After BTC breaks below EMA20 and starts to rebound, it is highly likely to make a 2B false breakout, or a double top, or continue to oscillate and distribute, forming a triple top structure. [After all subsequent rebounds and tops, basically you can start building positions with confidence.]
That's it, this is my personal trading logic for building positions in BTC medium to long term short positions, simple and clear.
Before BTC shows the above three trading logic signals, I personally will not consider building positions in medium to long term short positions, just watching, not acting.
Of course, during this process, you can also short at any time, but it’s best to clearly tell yourself that you are doing short-term shorts, it is a correction in an uptrend, and absolutely do not hold positions recklessly. Every trade must have a stop loss, and once it breaks the previous upward pressure level, strictly stop loss, never hold the position.
Otherwise, while relying on feeling to touch the top on the left side, and at the same time continuously holding positions and adding to them, whether you can survive the darkness before dawn, that is something no one knows.
As for the current upward trend of $BTC , so far, from the signals I have personally monitored, not even the first signal has appeared yet………
The above is for everyone's reference.