My contract account was liquidated. In fact, the trends of many currencies are very similar. The currencies in the currency circle are still relatively correlated at present, and there is no need to open many positions at one time. In my opinion, making money in the currency circle is what you deserve, and losing money is what you deserve. I deserved my liquidation.

Taking Bitcoin and Litecoin as examples, although the bullish trend still exists at a larger level, the bearish trend has already emerged at a small level, so you should go short with the trend. Counter-trend trading can only rebound after all. It can be seen on the one-hour chart that the moving average is clearly in a bearish arrangement. Litecoin is a rising wedge in shape. The price position of the callback to about 75 is just the resistance level of Fibonacci 0.5, which resonates with the Vegas Tunnel. The advantage of going long is not great, but people always have fantasies: fantasizing about getting rich overnight and fantasizing about eating up all in one order. It is this fantasy that leads to major losses.

The analysis is very simple. Such a market can be analyzed after the fact as long as you know a little K-line, but trading is another matter. I went long in the bearish trend because I was not aware enough and had illusions. I opened many copycat positions at one time because I had poor order management ability. In other words, I deserved my position to be liquidated. Actually, it’s pretty good. After all, I’m still in the stage of paying tuition fees. I didn’t get liquidated after investing a large amount of capital. In the next period of time, I will only make a few operations. I wish you all good fortune $BTC $ETH $LTC