I am watching the market.
Why hasn't the grid short position run?
I started with a naked short, so why the grid? The grid is meant to leave room for error. Of course, capital management itself is also important. Just that $2000.
Analyzing $2000 to create a momentum of $200,000, right?
However, I don't see anything wrong with this. Trading cryptocurrencies is about aiming big. Especially in the 0-1 process, there will be a lot of back and forth.
What direction do we see? Trading on the hourly and daily levels. I think it's okay to switch directions based on hourly and daily trends.
Looking at trends and events, I lean towards the idea that Bitcoin needs to pull back significantly. It should drop to $100,000.
Why does Wlfi want to start a convertible at this time? They definitely have more considerations than us mere mortals regarding the information judgment.
One last point: liquidity will definitely come in to take a bite, to absorb.
Of course, sometimes you can't be too sharp.
Speculation needs to be just right.
But how do you know what is just right?
If you were in my rebate TG group the day before yesterday, you should know. I first arranged a small short grid of $450 to test the waters with $H.
Then when the price was about right, I switched to a slightly larger $4000.