This week, the market showed a typical high-to-low trend, with the overall situation experiencing a complete cycle of oscillating upward followed by a technical correction. Bitcoin perfectly illustrated the rapid shift in market sentiment during the seven trading days from June 9 to June 15: from a strong surge from June 9 to 12, to a deep correction from June 14 to 15. Specifically, the market continued the previous upward momentum at the beginning of the week, launching an offensive driven by continued inflow of institutional funds. It is worth noting that this rally was accompanied by a significant short squeeze phenomenon, where a large number of short positions were forced to close, further pushing up the price. In such a volatile market, Xiao Ge maintained a very high trading success rate through precise market judgment. This week, a total of 19 trades were placed, with 11 trades in Bitcoin capturing a cumulative profit of 15,800 points, and 8 trades in Ethereum successfully capturing 381 points in profit. Although there was a stop-loss order of 85 points during this period, the overall return rate is still considerable. The short positions that were timely placed near the high on June 12, and the long positions that were accurately bottomed out on June 15, became classic cases of this week’s trading, fully demonstrating the professional trader's precise grasp of the market rhythm.
Those chasing the market driven by FOMO emotions and those selling off under the influence of FUD panic probably experienced a more tumultuous emotional curve this week than Bitcoin's candlestick chart. While Xiao Ge calmly executed a precise shorting strategy, most retail investors were still shouting slogans of a bull market with no top in sight, blindly increasing their positions in a gamble for a breakout past previous highs. When Xiao Ge took profits on his long positions with composure, these chasing and panic-selling investors were again misled by the illusion of a deep V rebound, banging their thighs and exclaiming that the market wouldn’t drop further, only to perfectly catch the deadly tip of a pin bar, becoming the shiniest market lubricant in the pinning market. Such fierce operations ended in tears at the close, contrasting sharply with the profit screenshots that Xiao Ge shared casually in the group chat. Facing the continuously shrinking numbers in their accounts and the shocking red stop-loss orders, these traders couldn’t help but fall into philosophical contemplation: Is the market maker too cunning? Or is the market too bizarre? Or is there a fatal flaw in their trading cognition? Why does Buffett's famous saying about fear and greed turn into the curse of greed being fear when executing it themselves? This market, which is known for settling various grievances, is offering every participant a vivid lesson in risk education in the most brutal way.
