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My new round of currency circle diary (lost half at the beginning)
Tenth update, March 17, 2024:
Do you believe in destiny? Yesterday I said I would roll my position short, but was pulled back to 70700 and was forced to stop the loss. I lost all my profits. I chased the short position and hit the stop loss again. My psychology reached the limit and I could only open 50 times the leverage. The stop loss setting of the last order It was set at 70080. In fact, Binance’s contract exceeded 70080. However, due to the protection mechanism of the mark price, no stop-loss order was triggered within 1 minute. It was this minute that made my order survive.
After yesterday's drop, I continued to roll my short position. After falling below 65,000, I stopped rolling my position. Now it has rebounded back to above 66,000. Many people believe that 65,000 is a rebound point. For my high multiple contracts, I have no hesitation in choosing to hold the position and wait for the fall. Why? Seven years of contract liquidation experience tells me that high-multiply contracts are morale. The so-called high-volume trades will definitely lose for high-multiplier contracts. If they open, hold on, and leave the rest to fate.
As I said before, Fibonacci resonance numbers 16, 17, and 18 may have strong fluctuations. If we reach the 17th today, what will happen? Will a miracle happen?
$XAI Continue to wait for the launch of pledge v2.