Let's review this wave of the market. On December 5th, at 4 o'clock, the price reached the supply zone of 98,000, with a large number of short positions, so it was directly pushed up to 104,500 (squeezing the shorts). After 8 hours, it dropped 📉 directly to 90,000, clearing out the long positions. From the length of this pin 🪡, we can see the market's enthusiasm. Now we are faced with two choices: continue to sell off or continue to push up. If we continue to sell off, since we have already cleared both long and short positions, we need to pause and observe the market's reaction. The key point is that after such a drop 📉, a lot of short positions must have accumulated, and a price increase would better align with the interests of the major players! Current half-price 100,560, what operations follow? From the perspective of indicators and positions, the upward space won't be too much, with a high target of 104,500 at most. More likely, there will be a small upward increase followed by a full retracement. If we want to push to a higher price, it will be more reasonable to consolidate for a period of time! Best wishes to all the bosses for great profits #BTC重返10万 $BTC
Has Bitcoin broken 100,000, can we short it? My personal view is still bearish but I won't short For me as a daily chart trader, rules are more important than market trends❗️ #BTC能站稳10W吗? #历史见证者打卡 $BTC
Any pressure level, only support level, is meant to be broken. Rather than asking you to reverse or hold the order, when you do this first check how much balance you have, and then confirm the maximum balance you can lose, so that you can clear all the balance. ETH more
Why do you go long? It's very simple. The price is converging. I have tried it twice! Unless there is a big negative line at the pressure point, it is a brainless long position. Breakthrough is just a new beginning! $BTC
You can lose a million-dollar trade. 1. Increase your position against the market trend without setting a stop loss The underlying reason is that I thought Solution: Make a good trading plan and execute it according to the plan. 2. Full position Many of my friends use full position with high leverage every time. The ending is two hours of full confidence and a month of hard work Finally, I wish all the nobles who have seen this can get rich #灰度GBTC资金流出趋势结束了吗?