No need to calculate~

First, let's share the current position situation, I won't talk about the altcoins, there are just too many.

For account number $BTC , my initial position was entered at 117500, and then I added 1% at 116900 and 115900 respectively. The current average price is 116700, and I've fully leveraged 3% of my position at 100x.

Just in case, I will add 1% again at 112200, and if the daily close is below 112000, I will manually stop loss, with a take profit at 136000.

For account number $SOL , my initial position was entered at 159.5 with a 2% position, and I just added 4% at 179. The current average price is 172, and I've fully leveraged 6% of my position at 20x.

Just in case, I will add 1% again at 171, and if the daily close is below 170, I will manually stop loss, with a take profit at 220.

I really didn’t expect that there would be a drop to provide an opportunity to add to my position. I initially planned to hold a small position in SOL until it reached 220, and I thought Bitcoin should go up directly this week. But looking at the long and short ratio in the past two days, I can only say it was unexpected but also within reason.

The pullback starting from 123000 should not have been a daily drop, because if it was a daily drop, then since the increase from 98100 to 123000 is much smaller than the increase from 74500 to 112000, the weekly rise starting from 74500 would have ended. At the same time, the monthly rise starting from 15600 (bull market) also officially ended at 123000.

The possibility of this is really too low.

In other words, although it has dropped for two weeks and has fallen to the 4-hour EMA125 level, this decline is still a 4-hour level drop.

This drop indeed has a probability of not being finished yet, but at most it will be a matter of today or tomorrow, aimed at clearing high leverage long positions while accumulating short positions.

Since it is a 4-hour level drop, the extreme position to watch is the 4-hour EMA250. Specifically, the position at 112000 can be touched, but the close must be stable.

From the current situation, we cannot assume that it will definitely drop to 112000; those with small positions need to add some at the current level and patiently hold until around August 10.